(i) Inflation has increased by more than money wages.
(ii) Money wages have increased by 5% each year, year on year.
Which ONE of the following is true?
A. (i) only
B. (ii) only
C. Both (i) and (ii)
D. Neither (i) nor (ii)
Answer: A
Thursday, 17 December 2015
Cima C03 Exam Question No 33
Question No 33:
Read the following statements about the period 1998 to 2001:
(i) Inflation has increased by more than money wages.
(ii) Money wages have increased by 5% each year, year on year.
Which ONE of the following is true?
A. (i) only
B. (ii) only
C. Both (i) and (ii)
D. Neither (i) nor (ii)
Answer: A
(i) Inflation has increased by more than money wages.
(ii) Money wages have increased by 5% each year, year on year.
Which ONE of the following is true?
A. (i) only
B. (ii) only
C. Both (i) and (ii)
D. Neither (i) nor (ii)
Answer: A
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