9708/12 Economics May Jun 2014 Online Test | Cambridge AS and A Level MCQ
CIE
AS & A Level
Economics (9708)
شهریور
2014
مشاهده نمونه سوال
شامل مباحث:
UNIT 1: Basic economic ideas and resource allocation
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
Neda Bani In Year 1 the price of a barrel of oil increased from $\$ 60$ to $\$ 110$.
In Year 2 there was a further increase to $\$ 115$ a barrel.
Assume that oil price changes have an immediate impact on the general level of prices.
What will be the effect of the changes in the oil price on a country’s Consumer Price Index and on its inflation rate in Year 2 compared with Year 1?
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