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Economics · May / June 2023 · Paper 11 · Question 19

2281Households

What would be most likely to encourage saving?

  1. Aa rise in the exchange rate
  2. Ba rise in the goods and services tax rate
  3. Ca rise in the income tax rate
  4. Da rise in the interest rate

As printed in the paper

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Correct answer: D. a rise in the interest rate

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