2.3.2.2a - Influences on consumption: • disposable income • interest rates • consumer confidence •
- Syllabus
- 2018
- Objective
- 2.3.2.2
- Level
- AS
Influences on consumption:; disposable income; interest rates; consumer confidence; level of welfare payments; wealth effects; availability of credit.
Use a - influences on consumption: • disposable income • interest rates • consumer confidence • to connect the rule to the data and decision in the question.
This matters because a - influences on consumption: • disposable income • interest rates • consumer confidence • determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.
Example: apply a - influences on consumption: • disposable income • interest rates • consumer confidence • to one small, clearly defined case, show the key step or comparison, and explain the result in words.
Boundary: a - Influences on consumption: • disposable income • interest rates • consumer confidence • is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.