Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

The graph illustrates the rate of inflation in a country over a 5 year period. What conclusion can be drawn from the graph?

  • AThe price level fell during two years.
  • BThe price level was highest during year 4.
  • CThe value of money fell for 5 years.
  • DThe value of money rose in 1 year.

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