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2.1 The measurement of macroeconomic performance

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Question 32

The Consumer Prices Index (CPI) increases from 150 to 159 over a twelve-month period. This indicates that

the cost of living has risen by exactly 9%9\%9% for all individual households.

the average price level of goods and services in the basket has increased by 6%6\%6%.

the rate of inflation over the twelve-month period is 9%9\%9%.

the price of every item in the consumer basket has risen by 6%6\%6%.

2.1 The measurement of macroeconomic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 The measurement of macroeconomic performance