Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

The table presents the Consumer Price Index (CPI) for a country across the years 2008–2013 (2008:100; 2009:104; 2010:102; 2011:105; 2012:108; 2013:111). Which statement about the period 2008 to 2013 is correct?

  • APrices increased each year.
  • BPrices increased fastest in 2011.
  • CThe rate of inflation was 2% in 2010.
  • DThe smallest rise in prices was in 2013.

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