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1776423
IGCSE CIE Business Studies| C10 Government influence on business economic policy and regional policy
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igcse
c10
Quiz by
hogsam123
, updated more than 1 year ago
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Created by
hogsam123
almost 10 years ago
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Resource summary
Question 1
Question
How does government influence business activity?
Answer
Terror
Assassination
Legislation
Frank Lee
Question 2
Question
Give 3 roles of the government in the economy
Answer
Promote economic growth
Maintain price stability
Reduce unemployment
Control the balance of payments
Reduce the gap between the rich and the poor
Question 3
Question
What are 'Boom and Recession'? (2 answers)
Answer
Reasons why the government influenmce business
Keywords used in military services
Barton's favorite words
Pattern of growth in the economy
Question 4
Question
Who does the government protect from monopoly of businesses (2 answers)
Answer
Bin Laden
Employers
Monkeys
Kimchi warrior
Question 5
Question
Which following explanation best describes monetary policy?
Answer
Using changes in taxation and government expenditure to mange the economy
Using changes in interest rates and the money supply to manage the economy
Question 6
Question
What's government expenditure? (2answers)
Answer
Providing a range of services
The amount of money spent by government
Government pouring whole money on businesses
Gwha hak! Gwha hak! Gwha hak!
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