In a country, inflation is 10% and nominal interest rates are 7%. Which group is most likely to benefit from this situation?

0455_s22_qp_13

MCQ

2022

Paper 1, Variant 3

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Which citizens are most likely to benefit in a period of rapid inflation?

0455_s23_qp_11

MCQ

2023

Paper 1, Variant 1

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‘Savers suffer as inflation rises to 4.4 %.’ Which function of money is most involved in this statement?

0455_w10_qp_12

MCQ

2010

Paper 1, Variant 2

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‘Savers suffer as inflation rises to 4.4 %.’ Which function of money is most involved in this statement?

0455_w10_qp_13

MCQ

2010

Paper 1, Variant 3

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In 2008, economic conditions in the UK were uncertain and the rate of inflation increased. It was reported that consumers had increased their purchases of rare stamps which continued to rise in value. What is not a reason for such purchases?

0455_w14_qp_13

MCQ

2014

Paper 1, Variant 3

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Four groups who are affected by changing economic conditions are creditors, debtors, exporters and importers. Which pair is most likely to be disadvantaged by a high rate of inflation?

0455_w18_qp_12

MCQ

2018

Paper 1, Variant 2

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Venezuela, a leading world oil producer, has experienced hyperinflation of over 400% per annum in recent years. How does hyperinflation affect an economy?

0455_w19_qp_12

MCQ

2019

Paper 1, Variant 2

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Who is most likely to benefit during a period of inflation?

0455_w23_qp_13

MCQ

2023

Paper 1, Variant 3

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In 2008 inflation was close to 100 000 % in Zimbabwe. In a bid to reduce this high rate, the Zimbabwean Government imposed maximum prices on a range of products. This caused price rises amongst those goods sold unofficially or illegally. What could explain this?

0455_w09_qp_1

MCQ

2009

Paper 1, Variant 0

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