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3.4 Price stability

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Question 5

A fixed selection of household transport purchases cost £160 in the base period. Its price index is now 125, using a base-period index of 100. What does the selection cost now?

[1]
A

£128

B

£185

C

£200

D

£40

Markscheme

3.4 Price stability Questions

  1. GCSE
  2. /Economics
  3. /3.4 Price stability

62 exam-style questions on OCR GCSE Economics 3.4 Price stability, covering 3.4.1 Price stability and inflation, 3.4.2 Measuring inflation with CPI, 3.4.3 Calculate the effect of inflation, 3.4.4 Analyse inflation figures, and 3.4.5 Causes and consequences of inflation. Each one has a worked solution and a mark scheme showing where the marks go.

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