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2.3 Economic performance

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Question 87

Deflation is defined as a situation in which

A

the rate of inflation is positive but falling.

B

there is a sustained fall in the general price level.

C

real GDP decreases for two consecutive quarters.

D

the domestic purchasing power of money is falling.

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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