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Economics · Oct / Nov 2017 · Paper 12 · Question 8

2281Households

What is likely to decrease the level of saving in an economy?

  1. Aan increase in the general level of income
  2. Ban increase in the number of cheap offers in shops
  3. Ca redistribution of income from poor to rich households
  4. Da rise in the rate of interest

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Correct answer: B. an increase in the number of cheap offers in shops

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