Economics 0455 · IGCSE · Households

Households — practice question

Which statement concerning different income groups is correct?

  • AHigh-income groups do not need to borrow money.
  • BHigh-income groups save less money than low-income groups.
  • CLow-income groups find it easier to borrow than high-income groups.
  • DLow-income groups save a smaller percentage of their income than high-income groups.

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