◈ Oracle Prep Sign Up Free

O-LevelEconomicsMicroeconomic decision makers2281/12 · Oct/Nov 2018 · Q91 Mark

What will cause the level of savings in an economy to rise?

Afall in investment

Bfall in real wages

Crise in income taxes

Drise in interest rates

✓ Correct answer

D: rise in interest rates

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Microeconomic decision makers and see which topics are most likely to come up next.

Sign up free →

About this question

Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2018 Paper 1 Variant 2, question 9.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Economics questions

Microeconomic decision makersMay/June 20101m

What is correct about a monopoly?

Microeconomic decision makersMay/June 20101m

Barilla, an Italian company, is the world's largest pasta maker. It also produces bread. In 2006 its bread production…

Microeconomic decision makersMay/June 20111m

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

International trade and globalisationMay/June 20101m

Which policy would best enable a government to encourage greater specialisation in the use of its country's resources?

The basic economic problemMay/June 20111m

What is meant by the economic problem?

The basic economic problemMay/June 20111m

Each of the factors of production earns an income. What are the incomes for land and capital?

← Browse all past-paper questions