Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

The table presents the retail prices index for four countries in years 2 and 3. (Year 1 index = 100 for all countries.) Which country experienced a higher rate of inflation in year 2 than in year 3?

  • Acountry A: year2 100, year3 115
  • Bcountry B: year2 110, year3 132
  • Ccountry C: year2 120, year3 144
  • Dcountry D: year2 130, year3 150

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