A-LevelEconomicsMacroeconomic Policy ObjectivesFeb/Mar 2021Paper 1 Q261 Mark
The table shows a country's consumer prices index (CPI) for March and April 2018. CPI March 2018 151.3 April 2018 148.6 Which statement correctly describes what happened between these two months?
AThere was a decrease in the annual rate of inflation.
BThere was a decrease in real interest rates.
CThere was an increase in the purchasing power of money.
DThere was an increase in the standard of living.
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of macroeconomic policy objectives within the Economicssyllabus. The examiner's mark scheme requires...
📋 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...
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