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Note that your final mark will not be saved in the system.
Note that your final mark will not be saved in the system.
Exchange rate changes Categorise
Target Level
C
Running Total
0
0%
Attempt
1 of 1
Click on an item, then click on a category to place it. Or, drag and drop the item into the correct category. Organise all items before clicking 'Check'.
INFLATION RATES
INTEREST RATES
This is the percentage charged on the total amount borrowed
This is the cost of borrowing
The job of the bank of England is to keep this steady at 2%
This will impact the cost of a loan to a business
This is measured by the Office for National Statistics (ONS)
Also known as the Bank of England Base Rate
The shopping basket method of measuring is called the Consumer Price Index or CPI
This is the rise in prices of goods and services
This is the gradual rise in price over time
If this falls then customers can buy more
This is measured by comparing the price of goods today with the price a year ago