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Business - Paper 1 > Unemployment and inflation > Flashcards

Unemployment and inflation Flashcards

1
Q

What is the impact of employment on businesses?

A

Easy to recruit
Lower consumer demand
Business sales revenue will fall

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2
Q

What is inflation?

A

The change in average prices in the economy.

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3
Q
A
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Business - Paper 1 (41 decks)

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