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Economics · May / June 2024 · Paper 12 · Question 11

2281Households

What would cause a decrease in spending by households in a country?

  1. Aa reduction in disposable income
  2. Ba reduction in the rate of sales tax
  3. Clower interest rates
  4. Dlower savings

As printed in the paper

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Correct answer: A. a reduction in disposable income

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