The table below shows indices for real GDP and consumer prices in an economy over six quarters.
| Quarter | Index of real GDP | Index of consumer prices |
|---|---|---|
| 1 | 112 | 102 |
| 2 | 110 | 105 |
| 3 | 108 | 109 |
| 4 | 109 | 112 |
| 5 | 111 | 114 |
| 6 | 115 | 115 |
During these six quarters, the economy experienced
deflation when in recession.
rising inflation when recovering from recession.
disinflation when recovering from recession.
disinflation when in recession.
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.