IGCSE CIE Business Studies| C10 Government influence on business economic policy and regional policy

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hogsam123
Quiz by hogsam123, updated more than 1 year ago
hogsam123
Created by hogsam123 over 9 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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