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4 marksBalance of Payments and Exchange Rates

CAPE Economics Unit 2 · 2006 · Paper 1 · Question 1(a)

Choose two from: (i) Balance of payments accounts, (ii) The exchange rate, (iii) Inflation.

Explain TWO of the specified macro-economic variables.

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Other parts of this question

  1. 1(b)State ONE way in which inflation is measured.[2 marks]

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