O-LevelEconomicsMicroeconomic decision makers2281/11 · May/June 2018 · Q111 Mark

The table shows the percentage (%) of income saved by different age groups. What can be concluded from the table?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

AOver the age range shown total savings equalled total dissavings.

BThe 15–29 age group has the lowest level of income.

CThe 50–64 age group saves the highest percentage of its income.

DThe 65+ age group has a lower income than the 30–39 age group.

✓ Correct answer

C: The 50–64 age group saves the highest percentage of its income.

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.

Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2018 Paper 1 Variant 1, question 11.

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