Skip to content

Course home

Sign up

3.4 Price stability

EasyMediumHard
123456789101112131415161718192021
Question 13

A typical household spends £1,800 a year on rail fares and £240 a year on printed books. The prices of both items rise by 8%.

Explain which price increase would have the greater influence on the CPI and why.

[2]
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.

Question bank