Economics Multiple Choice Question – 10 May 2021

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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What always happens when there is an increase in the Consumer Price Index?

Select ONE answer:

  1. an increase in consumer expenditure
  2. an increase in the cost of living
  3. a reduction in living standards
  4. a reduction in real disposable income

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

  1. Not correct
  2. Correct
  3. Not correct
  4. Not correct

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