Business 2.0 / 5 based on 1 rating ? Business StudiesUnit 1GCSEEdexcel Created by: kcford15Created on: 09-05-14 16:01 What is it called when economic growth is negative? Recession 1 of 9 What is the price of buying foreign currency? Exchange rate 2 of 9 What is the percentage reward or payment over a period of time? Interest rate 3 of 9 What is the place called where buyers and sellers meet to exchange products and services? Market 4 of 9 What is the place called where raw materials are sold? Commodity markets 5 of 9 What is the tax based on earning of workers and sole traders linked to state benefits? National insurance contributions 6 of 9 What is an organisation whose purpose is to produce goods and services to meet the needs of customers? Business 7 of 9 What is a business that sells products to another business? Supplier 8 of 9 What is a person or organisation that buys the product or service? Customer 9 of 9
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