Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

The table presents an index of consumer prices (2005 = 100) for several countries in 2009, 2010 and 2011. Which country had the smallest rate of decline in the real value of money between 2009 and 2011?

ACanada: 2009 107.8; 2010 108.9; 2011 112.0
BJapan: 2009 100.3; 2010 99.6; 2011 99.3
CPortugal: 2009 107.4; 2010 108.9; 2011 112.9
DSwitzerland: 2009 104.3; 2010 104.5; 2011 104.7

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