The diagram shows the possible relationships between the degree of independence of the central bank and the level of inflation. Which relationship suggests that central bank independence is an effective way to reduce inflation?

9708_w19_qp_11

MCQ

2019

Paper 1, Variant 1

View

The data shows the consumer prices index (CPand an index of money wages in an economy during four years. year CPI index of money wages Which statement is not correct?

9708_w20_qp_11

MCQ

2020

Paper 1, Variant 1

View

A developed country has a price-inelastic demand for oil, all of which it imports. The oil-producing countries increase the supply of oil. What is likely to happen to the developed country’s rate of inflation and its balance of trade?

9708_w21_qp_11

MCQ

2021

Paper 1, Variant 1

View

The diagram shows rates of inflation as measured by the Consumer Price Index (CPbetween 1997 and 2004. 1997 1998 1999 2000 2001 2002 2003 2004 –1 –2 –3 –4 –5 services and goods CPI inflation % year on year services goods Which conclusion can be drawn from this data?

9708_w06_qp_1

MCQ

2006

Paper 1, Variant 0

View

The table gives some information on inflation rates, unemployment rates, and changes in wages for a number of countries in 2006. country inflation rate % unemployment rate % annual change in wages % Britain +1.9 +5.0 +3.5 Germany +2.1 +11.3 +0.8 Italy +2.1 +7.5 +2.3 Japan +0.5 +4.5 –0.6 Spain +4.0 +8.4 +2.5 What can be concluded from the table about 2006?

9708_w12_qp_12

MCQ

2012

Paper 1, Variant 2

View

A country has a target rate of inflation of 2.5% and has recently experienced the actual rate rising to 6%, with unemployment falling to very low levels. Which policy option is most likely to be implemented?

9708_s18_qp_11

MCQ

2018

Paper 1, Variant 1

View

A government increases the basic rate of income tax to finance additional spending on apprenticeships and training. Which types of macroeconomic policy are being used?

9708_s18_qp_13

MCQ

2018

Paper 1, Variant 3

View

To encourage people to work, a government increases the minimum income level at which people start to pay income tax. Which types of macroeconomic policy are being followed here?

9708_s19_qp_11

MCQ

2019

Paper 1, Variant 1

View

Which government policy is most likely to focus on an increase in the quantity of skilled labour?

9708_w18_qp_13

MCQ

2018

Paper 1, Variant 3

View

A government reduces the benefits that it pays to unemployed workers to increase the incentive to work. Which types of macroeconomic policies are being used?

9708_w20_qp_13

MCQ

2020

Paper 1, Variant 3

View

---