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6.1 Economic Issues

Economic Issues focuses on how the changing economic conditions can impact business. You may be asked questions like these:

Past Paper Question Examples 
Paper 1 (a) Identify two stages of the business cycle.                                                                       [2]

Paper 2  (b) Explain how the following two changes are likely to affect ABC business

- lower income tax in country X

- increase in interest rates in country X

Which change is likely to have the most effect on profit? Justify your answer.                                 [12]

 

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Free Samples

Check out Unit 1 Business Activity, Topic Guides, Questions and Solutions