A-LevelEconomicsThe macroeconomy9708/12 · Oct/Nov 2014 · Q251 Mark

The graph shows the rate of inflation in a country in a 5 year period. What can be concluded from the graph?

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AThe price level fell during two years.

BThe price level was highest during year 4.

CThe value of money fell for 5 years.

DThe value of money rose in 1 year.

✓ Correct answer

D: The value of money rose in 1 year.

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2014 Paper 1 Variant 2, question 25.

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