Singapore's inflation rate has not exceeded _________% in 2020.
1
15
Singapore' GDP in 2020 is about $_________ billion.
300
15
There are two measurements used when we want to have an indication of how well or badly the population is doing. They are the _____________ and _____________.
mean and median
15
Another word for mean is ______________.
average
5
The term used to describe the two income groups being apart is the ______________ _____________.
Income Gap
10
73% of Singapore's wealth is owned by ___% of top income earners.
20
15
Who is Singapore's richest man?
Li Xiting
20
__________ _____________ of Amazon is the world's richest an.
Jess Bezos
20
When interest rates on savings are low, people tend to __________ their money.
(1) spend or (2) save
(1) spend
5
Every bank needs to keep a certain percentage of savings in the bank without investing the money. What is this called? Clue - FRB
Fractional Reserve Banking
20
When you buy a home, you need to pay _____% in cash.
5
10
What is commonly known as plastic?
credit cards
10
Singapore's maximum income tax rate is ______%.
22%
15
For every $1 donated to charities, you get $_________ deducted from income tax.
$2.50
15
For every $1 of course fee paid, income tax will deduct $______ off your income tax.
