In October 2023, the annual rate of inflation in Canada was 3.1%, as measured by the Consumer Price Index (CPI), while the CPI-median, which filters out extreme price fluctuations, stood at 3.6%.
Define the term 'inflation'.
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Markscheme
2.1.2 Inflation Questions
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.