Skip to content

Course home

3.4 Price stability

3.4 Price stability

EasyMediumHard
1234567891011121314
Question 5

A product costs £80 and inflation over the year is 5%. What would its price be after one year if it rises in line with inflation?

[1]
A

£76

B

£80.05

C

£84.50

D

£84

Markscheme

3.4 Price stability Questions

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

30 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.

Question bank