...As the central bank tightened monetary policy, the annual rate of inflation fell from 8.2% to 3.5%. This period of disinflation brought some relief to households, although the cost of living continued to rise...
Define 'disinflation' (Extract B).
327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.