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Edexcel IGCSEEconomicsGeneral Applications1 Mark

Inflation is typically measured by the annual percentage change in which of the following? A. Gross Domestic Product (GDP) B. Consumer Price Index (CPI) C. Unemployment rate D. Exchange rate

AGross Domestic Product (GDP)
BConsumer Price Index (CPI)
CUnemployment rate
DExchange rate

✓ Correct Answer

The correct answer is B: Consumer Price Index (CPI)

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This Edexcel IGCSE Economics Question

Topic

This multiple-choice question tests General Applications in Edexcel IGCSE Economics$. It is worth 1 mark.

Source

This question appeared in the $Edexcel IGCSE $Economics $$ examination, $ $.

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