Economics · May / June 2026 · Paper 22 · Question 3
2281
As printed in the paper
The question as text
In 2022, the President of Zimbabwe ordered the country’s commercial banks to stop lending. He was concerned that people were borrowing money to buy foreign currency. At this time, Zimbabwe faced several economic problems. The inflation rate was very high at 105%. In 2023, it rose to 850% despite the government’s aim of a fall in the inflation rate.
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Show the answer and mark scheme
3(a)[2]
3(b)[4]
3(c)[6]
3(d)[8]
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