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2.3 Economic performance

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Question 77

The annual rate of change in the Consumer Prices Index (CPI) for an economy decreases from 5% to 2%. All other things being equal, this economy is best described as experiencing

A

deflation.

B

hyperinflation.

C

disinflation.

D

a stagflationary shock.

Markscheme

2.3 Economic performance Questions

  1. A Level
  2. /Economics
  3. /2.3 Economic performance

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.

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