Economics (AS & A Level) · Feb / March 2021 · Paper 12 · Question 19
9708Price stability
Which statement about a rise in the general price level in a country is correct?
- AIt is likely to create economic winners and losers in the country.
- BIt is never acceptable to modern governments.
- CIt means that no goods have fallen in price.
- DIt must make the average citizen poorer.
As printed in the paper
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Correct answer: A. It is likely to create economic winners and losers in the country.
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