O-LevelEconomicsMicroeconomic decision makers2281/11 · May/June 2010 · Q131 Mark

A person is most likely to save more when there is an increase in a country's

Aexchange rate.

Binflation rate.

Cinterest rates.

Dmoney supply.

✓ Correct answer

C: interest rates.

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2010 Paper 1 Variant 1, question 13.

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