Business Studies Multiple Choice Question – 2 February 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following is the correct definition of inflation

Select ONE answer only:

  1. The price of one currency in relation to another
  2. The cost of borrowing and the reward for saving
  3. The continuous and sustained rise in the general level of prices
  4. A fee on income, property or goods, payable to the government
  5. High investment in local events

What is a likely objective of a business’s suppliers?

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 3 – Option 1 is a definition of exchange rates.  Option 2 defines interest rates.  Option 3 is a definition of inflation.  Option 4 is the definition of taxation.

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