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2.2.2 Consumption (C)

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Question 24

Australian Consumer Credit Card Debt, percentage change on previous year

YearPercentage Change
20201.8%
20213.1%
20224.9%

Explain one likely reason why consumer demand for credit card borrowing has increased.

[2]
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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