A-level Economics Edexcel keywords

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4 Terms

1
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how can technological changes/ degree of market competition effect investment

companies may have to invest simply to remain competitive

2
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how can business confidence affect investment

when confidence is high, planned investment will be high

3
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what are animal spirits

Human emotions and instincts that drive economic behaviour, especially under uncertainty.

4
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how can access to credit affect investment

a slump in the flow of credit available during a credit crunch will make banks less willing to lend