Economics (AS & A Level) · Oct / Nov 2023 · Paper 13 · Question 23
9708Price stability
The graph shows the rate of inflation for seven countries for 2015 and 2016. What can be concluded from this graph?
- APrices in Costa Rica rose in 2015 but remained constant in 2016.
- BPrices in Ecuador and Mauritius were lower in 2016 than in 2015.
- CPrices in India and Malaysia remained constant in 2016 and 2015.
- DPrices in Thailand and Japan were lower in 2016 than in 2015.
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Correct answer: A. Prices in Costa Rica rose in 2015 but remained constant in 2016.
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