Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

The figures shown in the table were obtained from the consumer price indices for retail prices in three countries. From 2014 to 2015, which statement is correct?

  • ACountry X has the highest growth in the purchasing power of money.
  • BCountry Y has the highest growth in the purchasing power of money.
  • CCountry Z has the lowest rate of inflation.
  • DCountry Y has the lowest rate of inflation.

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