A-LevelEconomicsThe macroeconomy9708/12 · May/June 2014 · Q251 Mark

The table shows a country's rate of inflation for four years. [Table showing year and rate of inflation % for 2009, 2010, 2011, 2012]

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Aaverage prices

Bthe cost of living

Cthe exchange rate

Dthe value of money

✓ Correct answer

D: the value of money

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

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