Level of employment
What Level of employment means in Business GCSE, as defined for AQA.
Definition of Level of employment
Check what you remember
Read the wording for your board, then hide it and explain Level of employment in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
How many people in an economy have paid work, which matters because employed people usually earn income they can spend on goods and services.
Topics that use Level of employment
- The economic climate on businesses (AQA GCSE)
Related terms
- Business investment decisions
- Cash flow and profit
- Confidence and debt levels
- Consumer spending
- Disposable Income
- Economic Climate
- Inferior goods
- Interest rates
Using Level of employment in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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