Economics · May / June 2016 · Paper 12 · Question 22
2281Inflation
The table gives information about three economic indicators in four countries. What may be concluded from this information?
- ACountries with higher inflation have higher interest rates.
- BCountries with higher interest rates have lower unemployment.
- CThe country with the lowest inflation had the highest unemployment.
- DThe country with the lowest unemployment had the lowest inflation.
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Correct answer: A. Countries with higher inflation have higher interest rates.
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