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Economics (AS & A Level) · May / June 2021 · Paper 11 · Question 27

9708Price stability

What would be likely to increase inflation in an economy?

  1. Aan increase in consumer saving
  2. Ban increase in interest rates
  3. Can increase in labour productivity
  4. Dan increase in taxes on imports

As printed in the paper

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Correct answer: D. an increase in taxes on imports

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