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A-LevelEconomicsThe MacroeconomyMay/June 2022Paper 1 Q221 Mark

The diagram shows the annual inflation rate in an economy. What can be deduced from the graph?

AThe price of goods and services fell between 2013 and 2014.
BDisinflation took place between 2014 and 2015.
CThe purchasing power of money increased between 2014 and 2015.
DThe cost of living fell from 2016 onwards.

✓ Correct Answer

The correct answer is C. This question tests the candidate's understanding of the macroeconomy within the Economicssyllabus. The examiner's mark scheme requires...

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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...

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About This A-Level Economics Question

This multiple-choice question appeared in the Cambridge A-Level Economics (9708) May/June 2022 examination, Paper 1 Variant 2. It tests the topic of The Macroeconomy and is worth 1 mark.

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