Economics (AS & A Level) · May / June 2025 · Paper 11 · Question 20
9708Price stability
The price of a pack of six eggs rises from $1.00 to $1.32 over a year. Consumer prices, as measured by the consumer price index, rise by 10% over the same period. What is the real price of a pack of six eggs at the end of the year?
- A$1.00
- B$1.10
- C$1.20
- D$1.32
As printed in the paper
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Correct answer: C. $1.20
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