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Business 6

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.

How much money has been raised by the UK public for Ukraine?

a)

£10 million

b)

£20 million

c)

£50 million

d)

£100 million

2.

Prices are rising by 6%. This is known as....?

a)

A recession

b)

Inflation

c)

Growth

d)

The economy

3.

"Disposable Income" means what....?

a)

Money that people regret spending

b)

People that are very well off

c)

Money that people want to get rid of

d)

Money that people have that is spare to spend

4.

4% of people are out of work. Last time when things got REALLY tough (in 2008) what % were out of work then...?

a)

8%

b)

16%

c)

32%

d)

40%

5.

Household bills are going UP. Which of these is the most true?

a)

More people will be put out of work next month

b)

Tesco will have less customers shopping there

c)

People will have less "disposable income" - spare money

d)

People will go on holiday as normal

6.

What things does Ukraine make that it sells to Europe and the world?

a)

Flowers, clothing and tomatoes

b)

Cardboard, plastic and pork

c)

Cars, broccoli and gold

d)

Sunflower oil, wheat, oil and metals

7.

Whose side is China on in the Ukraine war?

a)

Ukraine's

b)

Russia's

c)

It hasn't taken a side

d)

It hasn't taken a side but is close to Russia

8.

Which of these is an EXTERNAL factor to Knockhatch...?

a)

The weather

b)

Staff

c)

Advertising

d)

Wages

9.

If you have a bank account with £1000 in it. How much in INTEREST would you get at the end of the year.....?

a)

£10

b)

£20

c)

£40

d)

£80

10.

The rise in prices is known as

(a)  

11.

When people have money spare after paying all their bills what they have left is called DISPOSABLE

(a)  

12.

A grade 4 in BTEC is a...?

a)

Level 1 merit

b)

Level 1 distinction

c)

Level 2 pass

d)

Level 2 merit

13.

Is it STILL possible to change your end grade in business...?

a)

YES

b)

NO