Economics Multiple Choice Question – 24 April 2023

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

Economics
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The figures show the consumer price index (CPI) of a country. (1971 = 100)

  • 1998 – 200
  • 1999 – 204
  • 2000 – 206
  • 2001 – 209

What can be deduced from the data?

Select ONE answer:

  1. There was hyperinflation between 1971 and 1998.
  2. The rate of inflation rose in 2000.
  3. The rate of inflation in 1999 was 4%.
  4. The country experienced inflation in the three years down to the end of 2001.

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 4

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

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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