Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

The table presents how the general price level in four countries changed over three years, with the figures given as index numbers. Which country had a steady rate of decline in the real value of money?

  • Ayear1 100; year2 80; year3 60
  • Byear1 100; year2 90; year3 81
  • Cyear1 100; year2 108; year3 116
  • Dyear1 100; year2 120; year3 144

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