Economics 0455 · IGCSE · Money and banking

Money and banking — practice question

Which factor is most likely to persuade a person to make an immediate purchase of an expensive item such as a new car?

  • Aanticipating a fall in the rate of inflation
  • Bexpecting interest rates to fall
  • Cmaking it easier to obtain a loan
  • Dneeding to plan for unexpected emergencies

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