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Economics · Oct / Nov 2019 · Paper 13 · Question 23

2281Inflation

The graph shows the rate of inflation in a country between 2000 and 2014. What can be concluded about average prices?

  1. AThey fell throughout the period.
  2. BThey peaked in 2000.
  3. CThey rose each year.
  4. DThey were lower in 2014 than they were in 2010.

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Correct answer: C. They rose each year.

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