The table shows the consumer price index (CPI) and national output at current prices in 2014 and 2015 for an economy. [Table: year, CPI, national output at current prices 2014 100 100 2015 120 110] What can be concluded when 2015 is compared with 2014?
✓ Correct Answer
The correct answer is C: Real national output fell.
📋 Examiner Report & Trap Analysis
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...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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