A-LevelEconomicsThe macroeconomy9708/12 · May/June 2023 · Q241 Mark

If a country is experiencing a period of high inflation, which groups will benefit the most from this? [Table 24.1]

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Acompanies that export the majority of their output: yes, fixed income earners: yes, those with high debts: no

Bcompanies that export the majority of their output: no, fixed income earners: yes, those with high debts: yes

Ccompanies that export the majority of their output: yes, fixed income earners: no, those with high debts: no

Dcompanies that export the majority of their output: no, fixed income earners: no, those with high debts: yes

✓ Correct answer

D: companies that export the majority of their output: no, fixed income earners: no, those with high debts: yes

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2023 Paper 1 Variant 2, question 24.

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