Day: June 22, 2022

What is the major cause of high rates of inflation in many developing economies?

Select ONE answer:

1. balance of payments deficits
2. budget deficits
3. low levels of unemployment
4. overvalued exchange rates

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

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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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