Edexcel A Level Business Theme 2.5 - Study guides, Class notes & Summaries
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Edexcel A Level Business - Theme 2.5
Appreciation of a currency - A rise in the value of a currency Base rate - The rate of interest around which a bank structures other interest rates. Boom - The peak of the economic cycle where GDP is growing at its fastest Consumer price index (CPI) - A common measure of price changes used in the UK Deflation - A fall in the general price level. Depreciation of a currency - A fall in the value of a currency Downturn - A period in the economic cycle where GDP grows, but more slowly Busines...
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Edexcel A Level Business - Theme 2.5 Questions With Correct Answers Graded to Pass
PopularAppreciation of a currency - A rise in the value of a currency Base rate - The rate of interest around which a bank structures other interest rates. Boom - The peak of the economic cycle where GDP is growing at its fastest Consumer price index (CPI) - A common measure of price changes used in the UK Deflation - A fall in the general price level. Depreciation of a currency - A fall in the value of a currency Downturn - A period in the economic cycle where GD...
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Edexcel A Level Business - Theme 2.2 Questions with Complete Solutions
Sales forecast - Projection of future sales revenue, often based on previous sales data Consumer trends - The habits or behaviours of consumers that determine the goods and services they buy Consumer income - The amount of income remaining after taxes and expenses have been deducted from wages / salaries Economic variables - Measures within the economy which have effects on business and consumers. Examples include unemployment, inflation and exchange rates Economic growth...
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