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Paper 3 question on inflation and monetary policy

IB Economics Paper 3 includes two compulsory questions. This is a sample Paper 3 question. The time allowed for Paper 3 is 105 minutes, so students should spend 52.5 minutes on each question. This Paper 3 style question is on measuring inflation, the causes of inflation and monetary policy. Over the past 12 months, ending November 2021, the Producer Price Index increased 6.81%. This recent spike has caused concern in...

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