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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2018 · Q211 Mark

Four groups who are affected by changing economic conditions are creditors, debtors, exporters and importers. Which pair is most likely to be disadvantaged by a high rate of inflation?

Acreditors and exporters
Bcreditors and importers
Cdebtors and exporters
Ddebtors and importers

✓ Correct answer

A: creditors and exporters

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2018 Paper 1 Variant 2, question 21.

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