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GCSE
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More cards in this set
Card 6
Front
A type of expenditure that does not apply to everyone but if it does it must be paid.
Back
Card 7
Front
A business in which all the business partners share
responsibility and profits.
Back
Card 8
Front
A long term loan used to purchase a house.
Back
Card 9
Front
In financial terms, an individual’s ability to react to unexpected
events.
Back
Card 10
Front
A general rise in prices, which means that the purchasing power
of money falls.
Back
See full card set