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GCSE
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More cards in this set
Card 6
Front
Explain how the return from a savings account (normal notice account, cash ISA or savings bond) differs from the return expected from an investment?
Back
Card 7
Front
Why have interest rates in the UK have been kept low by the Bank of England since 2009?
Back
Card 8
Front
Why are financial regulators concerned about low interest rates for small savers?
Back
Card 9
Front
Why keep interest rates low as a result of Brexit uncertainty?
Back
Card 10
Front
Why is the interest rate charged on a mortgage cheaper than the rate quoted on a personal loan?
Back
Card 11
Front
Why do individuals who pose a greater credit risk have to pay higher interest?
Back
Card 12
Front
Where will people who are risk averse invest their money?
Back
Card 13
Front
Why does a risk averse person take out insurance?
Back
Card 14
Front
How would you describe someone who’s only debt is their mortgage?
Back
See full card set