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ScotlandEconomicsQuick questions
Economics of the Market
Quick questions on Personal economics: spending, saving, borrowing and budgeting - SQA National 5 Economics
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Name three sources of household income. [3 marks]
What is q2?Show answer
State one benefit and one drawback of borrowing money. [2 marks]
What is q3?Show answer
Explain why a household keeps a contingency fund. [2 marks]
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