The data given below refers to money supply and prices in the years 2006 and 2010 in four countries. Between 2006 and 2010, in which country was the rate of inflation the highest? Country 2006 money supply ($ million) price index (2005 = 100) 2010 money supply ($ million) price index (2005 = 100) A 69 104 78 153 B 65 112 120 247 C 70 101 213 157 D 172 105 360 210
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The correct answer is B. This question tests the candidate's understanding of macroeconomics 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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