Subsection 3.2. Households for Economics, IGCSE - revisedeck

3.2. Households

A subsection of Economics, 0455, through 3. Microeconomic decision makers

Listing 10 of 85 questions

The table shows how household spending changes with income. income ($ per month) spending ($ per month) What is the lowest level of income at which savings are positive?

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MCQ

2020

Paper 1, Variant 3

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What can a central bank increase in order to reduce consumer borrowing?

0455_w20_qp_13

MCQ

2020

Paper 1, Variant 3

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What is likely to happen when the rate of interest increases?

0455_w23_qp_12

MCQ

2023

Paper 1, Variant 2

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Under which circumstances are households more likely to save?

0455_w24_qp_13

MCQ

2024

Paper 1, Variant 3

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The table shows the weights allocated to the three items in a Consumer Prices Index (CPfor two years. weights item year 2 year 1 food clothing housing total What can be concluded from this data?

0455_w24_qp_13

MCQ

2024

Paper 1, Variant 3

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Questions Discovered

85