Economics 0455: Economic indicators Topical Past Paper Questions

There has been a rise in the rate of inflation from 3% to 6% in country X. What is the most likely consequence of this? A an increase in confidence in the economy B an increase in costs for firms C an increase in export revenue D an increase in the value of money

A country's Consumer Prices Index (CPI) falls from 120 to 110 in a year. What will be a likely effect of this fall? A incomes will fall in real terms B savings will fall in real terms C the rate of interest will rise D the real value of debt will rise

The table shows the percentage (%) shares of income going to different household income groups in a country in two years. What can be concluded about the change over the period? A The distribution of income has become more unequal. B The number of households in the highest 20% ha…