A-LevelEconomicsThe macroeconomy9708/12 · Feb/Mar 2016 · Q211 Mark
What always happens when there is an increase in the Consumer Price Index?
Aan increase in consumer expenditure
Ban increase in the cost of living
Creduction in living standards
Dreduction in real disposable income
✓ Correct answer
B: an increase in the cost of living
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill The macroeconomy and see which topics are most likely to come up next.
Sign up free →