In India, there is a considerable gap between the incomes of the rich and the incomes of the poor. In 2006, there were 6 million rich households with an annual income above 215 000 rupees and 50 million poor households with an annual income less than 22 000 rupees. What is most likely to be true about spending?

2281_s08_qp_1

MCQ

2008

Paper 1, Variant 0

View

What may cause an individual to save a higher proportion of their income?

2281_s11_qp_11

MCQ

2011

Paper 1, Variant 1

View

What may cause an individual to save a higher proportion of their income?

2281_s11_qp_12

MCQ

2011

Paper 1, Variant 2

View

What might cause a rise in the proportion of income that a person saves?

2281_s12_qp_11

MCQ

2012

Paper 1, Variant 1

View

What is most likely to cause a person to save a larger proportion of their weekly income rather than spend a larger proportion of their weekly income?

2281_s13_qp_11

MCQ

2013

Paper 1, Variant 1

View

What may cause an individual to save a higher proportion of their income?

2281_s14_qp_11

MCQ

2014

Paper 1, Variant 1

View

What may cause an individual to save a higher proportion of their income?

2281_s14_qp_12

MCQ

2014

Paper 1, Variant 2

View

A government lowers the rate of interest. Who is most likely to be disadvantaged by this policy?

2281_s15_qp_11

MCQ

2015

Paper 1, Variant 1

View

The table shows how three people spend their income. person X person Y person Z food, clothing and housing 30% 25% 50% entertainment and leisure 35% 35% 25% luxury goods 35% 40% 25% For these three people, what is the most likely order of income, from highest income to lowest income?

2281_s16_qp_11

MCQ

2016

Paper 1, Variant 1

View

The table shows how three people spend their income. person X person Y person Z food, clothing and housing 35% 50% 20% entertainment and leisure 25% 20% 40% luxury goods 40% 30% 40% For these three people, what is the most likely order of income, from lowest income to highest income?

2281_s16_qp_12

MCQ

2016

Paper 1, Variant 2

View

---