Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

The diagram illustrates the country’s annual inflation rate from 2006 to 2009. Which statement about the 2006 to 2009 period is correct?

  • AThe cost of living fell.
  • BThe price level rose.
  • CThe Retail Prices Index fell.
  • DThe value of money rose.

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