This lesson looks at interest rates and how they can have a huge impact on the UK economy. The lesson focuses on the current interest rate and how it impacts different people. The lesson then looks at how an increasing or decreasing interest rate can impact various stakeholders.
The lesson concludes with exam style questions and a fun interest rate challenge. I have also included a two interest rate worksheets which cover a lot of different questions. I have also included an answer sheet for one of the worksheets. This lesson is perfect for GCSE Economics and could be used for Business Studies. This lesson could also be adapted for A-Level.
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