A-LevelEconomicsThe macroeconomy9708/12 · May/June 2022 · Q221 Mark
The diagram shows the annual inflation rate in an economy. What can be deduced from the graph?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
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
C: The purchasing power of money increased between 2014 and 2015.
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