A Levels Economics MCQ Doubts

[B!(+)(+)dy $k(_)!!]

 

[B!(+)(+)dy $k(_)!!]

 

[B!(+)(+)dy $k(_)!!]

 

[B!(+)(+)dy $k(_)!!]

When inflation rate rises, does the cost of living rises or when Inflation rises, the cost of living rises? :/

 

[Aakash Raka]

I am confused between B and D

 

[Aakash Raka]

Confused between A and D

 

[Aakash Raka]

 

[Crimson-Saint]

View attachment 48766

Confused between A and D

it will be always A......for mcq try to go for the answer which explains the definition better

 

[Crimson-Saint]

View attachment 48769

ANS is A cus all other options are wrong.... option a states price of goods fell and this can be shown in the graph as in during 1999 goods was going through a period of deflation

 

[Crimson-Saint]

When inflation rate rises, does the cost of living rises or when Inflation rises, the cost of living rises? :/
View attachment 48750

ANS is D cus from the period 2000-2004 there still exists inflation so eventually price levels rose.....and as for cost of living AS inflation rises the cost of products rises meaning cost of living also rises

 

[Aakash Raka]

 

[Crimson-Saint]

View attachment 48771

C cus like according to me...since its a freely floating EXR it will most likely use less of govt intervention like option A and B so tht leaves us with C and D...and option D means reducing tarrif which will make more deficit so answer is C

 

[Crimson-Saint]

ans is A but why not B? :/

 

[B!(+)(+)dy $k(_)!!]

 

[B!(+)(+)dy $k(_)!!]

Crimson-Saint

 

[B!(+)(+)dy $k(_)!!]

Crimson-Saint madoka Sana Adnan

 

[B!(+)(+)dy $k(_)!!]

What is Purchasing Power Parity Theory? :/

 

[B!(+)(+)dy $k(_)!!]

It means Euro appreciated...
So why not C? it's B..! :/

 

[B!(+)(+)dy $k(_)!!]

ANS is D cus from the period 2000-2004 there still exists inflation so eventually price levels rose.....and as for cost of living AS inflation rises the cost of products rises meaning cost of living also rises

Woww... Can we be like... Best friends?

 

[Aakash Raka]