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Inflation

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Question 30

In a given economy, the Consumer Prices Index (CPI) was 112 in 2021 and 127 in 2022. What was the annual rate of inflation for 2022, to the nearest whole number, as measured by this CPI?

A

+15%+15\%+15%

B

+13%+13\%+13%

C

+12%+12\%+12%

D

−13%-13\%−13%

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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