A-LevelEconomicsThe macroeconomy9708/12 · Feb/Mar 2018 · Q221 Mark
The table shows the CPI rate of inflation (%) in the United States from 2006 to 2013. 2006 2007 2008 2009 2010 2011 2012 2013 2.5% 4.1% 0.1% 2.7% 1.5% 3.0% 1.7% 2.0% What can be concluded from the figures about the period 2006 to 2013?
AThere was one year of constant prices.
BThere were three years of deflation.
CThere were only four years of inflation.
DThere were eight years of rising living costs.
✓ Correct answer
D: There were eight years of rising living costs.
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