CSEC Economics · May/June 2012 · Paper 2 · Question 4(a)(ii)
Define the term 'Savings'.
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- 4(a)(i)Define the term 'Investment'.[2 marks]
- 4(b)Identify ONE factor that affects investment.[1 mark]
- 4(c)An economy records a rise in unemployment and a fall in business investment. Explain how TWO fiscal policies can be used to address these conditions.[6 marks]
- 4(d)Explain TWO factors that could have caused the state of the economy mentioned in (c) above.[4 marks]
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