Please enable JavaScript.
Coggle requires JavaScript to display documents.
unit 2 topic 7 - Coggle Diagram
unit 2 topic 7
-
-
change immediately and by the same amount as the change in Bank rate, but in time
-
-
-
-
-
rises more slowly than prices, they suffer a fall in their real standard of living and
are not able to buy the same amount of goods and services. Since the credit crisis,
-
-
Inflation is a special problem for those on fixed incomes, such as retired people living
-
-
-
getting married, going on holiday or retiring. But life
-
-
-
-
-
not. If someone’s business is a limited company, it means that the liability of the
-
-
-
-
-
needs to be brought into every financial plan so that, if an unfavourable event occurs,
-
-
-
-
rates affect people only when they go abroad or, for some other reason, receive
-
Other types of debt also increased before the financial crisis, and many people owe
money not only on their mortgages but also on hire purchases, unsecured personal
loans, credit cards and overdrafts.
-
minutes. Citizens Advice in England and Wales dealt with 2,460 new debt problems
-
-
-
can expect to owe £26,100 by the time they have graduated
-
-