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As usual, it’s just a guess. Nothing beats hard work. As of now you still have 1 month to work hard. Here we go! Answer three questions in total. Section A One or two of your three questions must be from this section. 1. Crude oil prices fell sharply in the fourth quarter…
WHAT IS DEFLATION? Articles are from investopedia. Deflation is an economic term used to describe a period of declining prices for goods and services. Decreases in the money supply, government spending, consumer demand and business investment have all been cited as causes of deflation. Deflation usually happens during an economic depression when there is lower…
Oil price rout: Discuss how falling oil prices impact the Singapore economy, businesses and consumers. The price of oil has plunged more than 55 per cent to under US$50 a barrel since June 2014. This is the lowest price since the depths of the 2009 recession, and some analysts are saying the rout could continue…