O-LevelEconomicsMicroeconomic decision makers2281/12 · Oct/Nov 2020 · Q101 Mark

The table shows how household spending changes with income. income ($ per month) spending ($ per month) 3000 3150 3300 3375 3600 3500 3900 3825 4200 4050 4500 4275 What is the lowest level of income at which savings are positive?

A$3000

B$3600

C$3900

D$4200

✓ Correct answer

B: $3600

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2020 Paper 1 Variant 2, question 10.

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