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Economics · Oct / Nov 2019 · Paper 22 · Question 3

2281

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The question as text

In 2015, the Malaysian government set out its objectives to increase productivity and savings. There has been higher consumer expenditure, driven in part by higher wages received mainly by older workers. However, low levels of savings remain a concern. Savings provide funds for investment (spending on capital goods) which contributes to economic growth and can influence inflation.

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Show the answer and mark scheme
  • 3(a)[2]

  • 3(b)[4]

  • 3(c)[6]

  • 3(d)[8]

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