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Card 1 of 22

Inflation is a sustained increase in the [     ], usually measured as a [     ] in a price index.

A

Inflation is a sustained increase in the general price level, usually measured as a monthly percentage change in a price index.

B

Inflation is a sustained increase in the money supply, usually measured as a twelve-month percentage change in a price index.

C

Inflation is a sustained increase in the average income level, usually measured as a twelve-month percentage change in a price index.

D

Inflation is a sustained increase in the general price level, usually measured as a twelve-month percentage change in a price index.

Card 1 of 22

Inflation and deflation Flashcards

  1. A Level
  2. /Economics
  3. /Inflation and deflation

22 flashcards on Eduqas A Level Economics Inflation and deflation: the key terms, economic models and case studies you need to recall for Component 1, Component 2 and Component 3.

Flashcards