economics unit 11 general quiz

.

?
  • Created by: evie
  • Created on: 03-05-12 19:31
A purchase that is essential for survival is a?
need
1 of 9
An opportunity cost something we give up when we make a choice?
True
2 of 9
EMA, tax credits, and jobseekers are all times of what?
benefits
3 of 9
Personal tax allowance is on average:
£5000-6500
4 of 9
PAYE stands for?
Pay as you earn
5 of 9
Price is a factor that affects what in the market?
Demand
6 of 9
A pooled investment fund usually in shares based investments is a?
Unit trust
7 of 9
A figure quoted in saving advertisements to help people compare one saving product with another is?
AER
8 of 9
High interest is good when ?
Saving
9 of 9

Other cards in this set

Card 2

Front

An opportunity cost something we give up when we make a choice?

Back

True

Card 3

Front

EMA, tax credits, and jobseekers are all times of what?

Back

Preview of the front of card 3

Card 4

Front

Personal tax allowance is on average:

Back

Preview of the front of card 4

Card 5

Front

PAYE stands for?

Back

Preview of the front of card 5
View more cards

Comments

Matthew Jupp

Report

just one quick thing, price affects both supply and demand;

at higher prices, firms are willing to supply more and customers are less willing to pay, decreasing demand.

Similar Business Studies & Economics resources:

See all Business Studies & Economics resources »