Other questions in this quiz

2. If an interest rate is fixed...

  • It decreases butcannot increase.
  • Changes throughout the repayment
  • Stays the same throughout the repayment
  • It increases but cannot decrease

3. Exports are...

  • Goods and services sold anywhere
  • Goods and services sold in the UK from the UK
  • Goods and services sold abroad
  • Goods and services sold in the UK from abroad

4. who sets the interest rates?

  • The queen
  • Bank of England
  • Uk monatary commision
  • The Government

5. If you are repaying a loan on variable interest rates you would like...

  • Average interest rates
  • Low interest rates
  • High interest rates
  • You wouldn't care

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