Influces On Business Flashcards
(6 cards)
1
Q
What happens when there is low interest rates?
A
High spending 
2
Q
What happens when there’s high interest rates?
A
Low spending
3
Q
What is added to loans and savings?
A
Interest rates 
4
Q
How does a strong pound impact imports?
A
They are cheap
5
Q
How does a strong pound impact exports?
A
They are expensive 
6
Q
What is spiced?
A
Strong pound imports cheap export dear
