A-LevelEconomicsMacroeconomic IndicatorsMay/June 2013Paper 1 Q251 Mark
The table shows an index number of prices between 2009 and 2012. In the base year of 2008, inflation was 2% per annum. What was the first year in which the rate of inflation fell? [Table with columns: year, price index]
A2009
B2010
C2011
D2012
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The correct answer is B. This question tests the candidate's understanding of macroeconomic indicators 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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