Question 11
Question 11 of 30
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
3. Microeconomic decision...
3.2. Households

The influences on spending, saving and borrowing including income, the rate of interest and confidence – between different households and over time.

5. Economic development
5.1. Living standards

Reasons for differences in living standards and income distribution within and between countries.