Economics Quiz 0.0 / 5 ? Applied BusinessUnit 10 - EconomicsGCSEOCR Created by: bronteapplebyCreated on: 20-03-14 11:59 Measure of how wealthy a country is GDP 1 of 11 When the GDP has risen for two consecutive quarters it is called Economic Growth 2 of 11 When GDP fall is it called Economic Downturn 3 of 11 Loans not paid back are called Toxic Loans 4 of 11 Less money available in the economy is called Credit Crunch 5 of 11 When a business becomes insolvent it is placed in what Administration 6 of 11 What controls the Interest Rates in the UK? Bank of England 7 of 11 The rate of interest that banks charge businesses for borrowing money is called what? Business Rate 8 of 11 A general increase in prices and fall in the purchasing value of money is called what? Inflation 9 of 11 To bring in from a foreign country or other source is what? Import 10 of 11 To send or transport abroad is what? Export 11 of 11
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