1 mark
Q1(a) Pick the accurate statement from a chart of UK household saving as a share of disposable income, Q1 2015 to Q3 2021.
Edexcel · 9EC0 / 8EC0 / WEC11–14
Saving comes up in 5 questions across the Edexcel A Level, AS and International A Level past papers (9EC0 / 8EC0 / WEC11–14), worth 12 marks between them. They run from 2017 to 2024 and appear on A Level Paper 2, AS Level Paper 2.
Tariffs run from 1 to 5 marks. The commonest instructions are Explain (3), Identify (MCQ) (1), Calculate (1). Specification points covered: 2.2.2.
Q1(a) Pick the accurate statement from a chart of UK household saving as a share of disposable income, Q1 2015 to Q3 2021.
Q1(b) Work out how much a typical household put aside during Q4 2015, when average disposable income was £26 300.
Q1(c) Give one explanation for why aggregate household saving moved between Q1 and Q2 of 2020.
Q6(c) From the data given, explain one influence on UK household saving apart from movements in house prices.
Q2(a) Give one explanation for why the table's marginal propensity to save shifts.
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