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Economics (AS & A Level) · May / June 2025 · Paper 21 · Question 1

9708

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The question as text

Inflation rate falls in the United States (US), but fears continue over the economic outlook Americans have been worried about the rate of inflation in the US, especially the increases in food, rent, energy and vehicle prices. Content removed due to copyright restrictions. 3 One economist stated that ‘we still expect the impact of the increase in interest rates to push the economy into a mild recession in the first half of 2023’. Sources: Adapted from ‘Economic growth beats forecasts in US’, The Times, 27 January 2023 and adapted from ‘Inflation rate falls in America – but fears continue over economic outlook’, The Times, 28 January 2023 Content removed due to copyright restrictions.

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Show the answer and mark scheme
  • 1(a)[2]

  • 1(b)[2]

  • 1(c)[4]

  • 1(d)[6]

  • 1(e)[6]

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