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2.1 Measures of economic performance

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Question 37

The table below shows the annual inflation rates for a selected economy in a given year:

Inflation MeasureAnnual Rate (%)
Consumer Prices Index (CPI)-1.2
Retail Prices Index (RPI)1.5

From the data provided, it can be deduced that the percentage point difference between the RPI and CPI inflation rates was:

0.30.30.3 percentage points

1.21.21.2 percentage points

2.72.72.7 percentage points

3.03.03.0 percentage points

2.1 Measures of economic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 Measures of economic performance