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Inflation

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Question 22

Which of the following must be taken into account when converting the nominal value of national output (GDP) into its real value?

A

Changes in the exchange rate

B

Changes in the price level (inflation)

C

Changes in the level of employment

D

Changes in direct and indirect taxation

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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