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Assessment Statement:

There are 16 Questions in this resource.
Please note:
Some questions are branched.
This means if you don't answer the basic premise of the question correctly you will not be able to answer the related questions which build on the basic premise.
You will instead be taken to the next question after the sequence.
The maximum score is 45 marks.
The following scores are possible:
Achieved: 17 - 24; Merit: 25 - 37; Excellence: 38+
You may use pen, paper and a calculator.


 

Please press on the assessment below to start

 

Formative Assessment 2.1 Part 1 Analyse inflation using economic concepts and modelsAnalyse inflation using economic concepts and models