Which one of the following combinations of macroeconomic developments is most likely to cause a decrease in the rate of inflation?
A depreciation of the exchange rate and a reduction in the central bank's policy interest rate
A cut in the rate of corporation tax and a rise in the global price of energy commodities
A rise in the central bank's policy interest rate and a sustained increase in national labour productivity
An increase in indirect tax rates and a rise in household consumption
77 exam-style questions on OCR A Level Economics Inflation. Each one has a worked solution and a mark scheme showing where the marks go.