H15 What affects our spending, saving and borrowing

decisions? 3.4 Spending, saving and borrowing

What will be the likely on spending? on saving? on borrowing? Why?

impact of an increase in
the following:

Income

Income tax

Wealth

Interest rates

Availability of saving
schemes

Availability of credit

Consumer confidence

© Brian Titley 2012: this may be reproduced for class use solely for the purchaser’s institute