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2.1.2 Inflation

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Question 6

Which one of the following macroeconomic developments is most likely to cause cost-push inflation?

A

An appreciation of the domestic currency

B

An increase in the national minimum wage

C

A reduction in the standard rate of Value Added Tax (VAT)

D

A decrease in the rate of interest set by the central bank

Markscheme

2.1.2 Inflation Questions

  1. A Level
  2. /Economics
  3. /2.1.2 Inflation

53 exam-style questions on Edexcel A A Level Economics 2.1.2 Inflation. Each one has a worked solution and a mark scheme showing where the marks go.

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