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2.2.2 Consumption (C)

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Question 16

Which one of the following is the most likely impact of a sustained fall in average national residential property prices on existing homeowners?

A

Increased consumer spending

B

Positive wealth effect

C

Reduced consumer confidence

D

Greater credit availability

Markscheme

2.2.2 Consumption (C) Questions

  1. A Level
  2. /Economics
  3. /2.2.2 Consumption (C)

40 exam-style questions on Edexcel A A Level Economics 2.2.2 Consumption (C). Each one has a worked solution and a mark scheme showing where the marks go.

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