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Economics · Oct / Nov 2018 · Paper 13 · Question 11

2281Households

What is most likely to encourage the immediate purchase of an expensive item such as a new car?

  1. Aanticipating a fall in the rate of inflation
  2. Bexpecting interest rates to fall
  3. Cmaking it easier to obtain a loan
  4. Dneeding to plan for unexpected emergencies

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Correct answer: C. making it easier to obtain a loan

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