AS Paper 2, June 2017The UK Economy – Performance and Policies
AS Paper 2, June 2017, Q5(b)
Which one of the following is most likely to result from an improvement in UK consumer confidence? A decrease in the marginal propensity to:
Multiple choice1 mark
Context
The chart below shows the results from a survey of UK consumers’ confidence in their financial situation. A negative balance means that, on average, consumers reported their financial situation got worse, a positive balance means they reported it improved and a zero balance indicates no change. This is recorded on a scale from –100 to +100. UK consumer confidence …
Aconsume
Btax
Cimport
Dsave