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Inflation

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Question 10

In 2019, the average monthly cost of a representative basket of goods and services in a European economy was £1,800£1,800£1,800. By 2024, the cost of the identical basket had risen to £2,106£2,106£2,106.

What is the value of the consumer price index in 2024, assuming 2019 is the base year?

A

85.585.585.5

B

117.0117.0117.0

C

17.017.017.0

D

130.6130.6130.6

Markscheme

Inflation Questions

  1. A Level
  2. /Economics
  3. /Inflation

77 exam-style questions on OCR A Level Economics Inflation. Each one has a worked solution and a mark scheme showing where the marks go.

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