business hw

HideShow resource information
  • Created by: jamaal123
  • Created on: 29-04-14 08:03
View mindmap
  • interest rates
    • Credit is borrowed money
      • Interest is the reward for lending and the cost of borrowing.
    • Firms that make luxury goods are hit hardest when interest rates rise.
    • Customers with debts have less income to spend because they are paying more interest to lenders
    • Firms with overdrafts will have higher costs because they must now pay more interest.
    • Political short-term gain
      • Risks of investment
    • Taxes
    • Alternative investments

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Finance resources »