DP Economics
Question 23M.3.HL.TZ0.i
| Date | May 2023 | Marks available | [Maximum mark: 2] | Reference code | 23M.3.HL.TZ0.i |
| Level | HL | Paper | 3 | Time zone | TZ0 |
| Command term | Calculate | Question number | i | Adapted from | N/A |
i.
[Maximum mark: 2]
23M.3.HL.TZ0.i
Using the information provided in Table 1, calculate the inflation rate for Nigeria between 2020 and 2021.
[2]
Markscheme
Any valid working is sufficient for [1]
= 16.44% or 16.44
An answer of 16.44 without any valid working is sufficient for [1].
A response that uses the percentage change in the GDP deflator to provide an answer may be fully rewarded.
Any valid working is sufficient for [1].
= 13.53% or 13.53
An answer of 13.53 without any valid working is sufficient for [1].
Examiners report
This question was generally well-answered. The minority of candidates who used the GDP deflator accurately were fully rewarded.
