A person is most likely to save more when there is an increase in

A exchange rate
B inflation rate
C interest rates
D money supply

(J10/P1/Q14)

Answer is C

Which motive is most likely to increase the wish to open a savings account?

A to have cash immediately available
B to prepare for future expenditure
C to satisfy essential needs
D to widen present consumption choices [N11/P1/Q13]

Answer is B

What might encourage a consumer to save rather than to spend?

A being made unemployed
B discounts on products
C government subsidies to produced
D high interest rates{N12/P1/Q13]

Answer is D

Why may a rise in the rate of inter- est cause some people to save less?

A They may be saving for a fixed 10 year term
B They may be saving out of habit
C They may be saving to leave as much money as possible to thir children
D They may be saving to raise a particular sum of money [J13/P1/Q12]

Answer is D

What is the most likely result of an increase in interest rates?

A arise in investment
B arise in borrowing
C a fall in consumer spending
D a fall in productivity [J13/P1/Q24]

Answer is C

What will cause the level of savings in an economy

A a fall in investment
B a fall in real wages
C a rise income tax
D rise in interest rates{N18/P1/Q9]

Answer is D

What is the most important factor that affects how much a family saves?

A the income of the family
B the level of taxation
C the rate of inflation
D The reliability banks[J19/P1/Q10]

What is the most important factor that affects how much a family saves?

A the income of the family
B the level of taxation
C the rate of inflation
D The reliability of banks[J19/P1/Q10]

Answer is A

What would most likely cause a person to increase their savings?

A a decision to plan for retirement
B a fall in income
C a fall in interest rates
D a reduction in tax-free saving schemes[J20/ P1/Q9]

Answer is A

Nazmin Uddin works in a local office s a secretary three days a week She lives with her parents in a small apartment Meer Ali owns a successful fitness centre that employs about twenty people He owns a large house Which is most likely to be correct?

A. Nazmin spends a smaller proportion of her income than Meer
B. Nazmin saves most of her in-come
C. Nazmin would find it easier than Meer to borrow money
D. Nazmin has a lower disposable income than Meer [N16/P1/Q10]

Answer is D

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

A. An increase in general income
B. an increase in the number of cheap offers in shops
C. a redistribution poor to rich households
D. rise in the rate of interest(N17/P1/Q8]

Answer is B