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2.1 Introduction to the national economy

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Question 46

A furniture producer planned to borrow £600,000 for new machinery. The interest rate offered by its bank rises before the loan is agreed. Explain one likely effect of the higher interest rate on the producer's investment decision.

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2.1 Introduction to the national economy Questions

  1. GCSE
  2. /Economics
  3. /2.1 Introduction to the national economy

75 exam-style questions on AQA GCSE Economics 2.1 Introduction to the national economy, covering 2.1.1a What an interest rate is, 2.1.1b Interest rates and consumer decisions, 2.1.1c Interest rates, producer decisions and calculations, 2.1.2a UK government revenue and spending, and 2.1.2b Direct, indirect and progressive taxation. Each one has a worked solution and a mark scheme showing where the marks go.

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