Economic Issues focuses on how the changing economic conditions can impact business. You may be asked questions like these:
Past Paper Question Examples Paper 1 (a) Identify two stages of the business cycle. [2] Paper 2 (b) Explain how the following two changes are likely to affect ABC business - lower income tax in country X - increase in interest rates in country X Which change is likely to have the most effect on profit? Justify your answer. [12] |