Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

The table presents the CPI inflation rate (%) in the US for 2006 to 2013. What conclusion can be drawn from these figures about the period 2006 to 2013?

  • AThere was one year of constant prices.
  • BThere were three years of deflation.
  • CThere were only four years of inflation.
  • DThere were eight years of rising living costs.

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