O-LevelEconomicsGovernment and the macroeconomy2281/12 · May/June 2021 · Q191 Mark
The table shows changes in the Consumer Prices Index (CPI) from the base year, 1, and for the next three years. [Table 19] Which statement is correct?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
AConsumer prices were highest in year 3.
BThe rate of inflation was 2.1% in year 4.
CThe rate of inflation was highest in year 2.
DThe rate of inflation was lowest in year 1.
✓ Correct answer
C: The rate of inflation was highest in year 2.
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