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3.4 Price stability

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Question 11

The table shows the CPI index and annual inflation rate for Vesper in two months of the same year.

MonthCPI indexAnnual inflation rate
January124.06.0%
March125.04.5%

Explain what the figures show about prices in Vesper.

[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.

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