Question 22
Question 22 of 30
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
4. The Macroeconomy (AS L...
4.1. National income statistics

adjustment of measures from market prices to basic prices

4. The Macroeconomy (AS L...
4.6. Price stability

measurement of changes in the price level: consumer price index (CPI), possible difficulties in measurement

6. International economic...
6.4. Exchange rates

AD/AS analysis of the impact of exchange rate changes on the domestic economy’s equilibrium national income and the level of real output, the price level and employment