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2.3 Economic performance

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Question 12

The table below shows the Consumer Price Index (CPI) of an economy over a four-year period:

YearConsumer Price Index (CPI)1100211031154112 \begin{array}{|c|c|} \hline \text{Year} & \text{Consumer Price Index (CPI)} \\ \hline 1 & 100 \\ 2 & 110 \\ 3 & 115 \\ 4 & 112 \\ \hline \end{array} Year1234​Consumer Price Index (CPI)100110115112​​

Which one of the following statements is correct?

A

Between Year 3 and Year 4, the economy experienced disinflation.

B

Between Year 2 and Year 3, the economy experienced disinflation.

C

The purchasing power of the currency was higher in Year 3 than in Year 2.

D

Between Year 2 and Year 3, the economy experienced deflation.

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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