O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2022 · Q241 Mark

The table shows the percentage changes in earnings and consumer prices for four countries in one year. Which country is likely to have experienced the greatest increase in real income during the year?

AFrance +6.5 +3.5

BGermany +4.0 +4.0

CJapan +4.0 –1.0

DUK +6.5 –2.0

✓ Correct answer

D: UK +6.5 –2.0

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2022 Paper 1 Variant 2, question 24.

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