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3.4 Price stability

3.4 Price stability

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Question 1

Figure 1 shows a Consumer Price Index increasing from 104 in Period 2 to 109.2 in Period 3. image

Using Figure 1, calculate the inflation rate between Period 2 and Period 3.

[2]
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.

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