Skip to content

Course home

Sign up

3.4 Price stability

EasyMediumHard
123456789101112131415161718192021
Question 2

In Corland, the average price of the goods and services that households buy rose by 3% in 2023, by 5% in 2024 and by 8% in 2025, although the prices of some electronic goods fell in each of these years. Which term describes what happened to prices in Corland over this period?

[1]
A

Deflation

B

Inflation

C

Falling inflation

D

Price stability

Markscheme

3.4 Price stability Questions

  1. GCSE
  2. /Economics
  3. /3.4 Price stability

62 exam-style questions on OCR GCSE Economics 3.4 Price stability, covering 3.4.1 Price stability and inflation, 3.4.2 Measuring inflation with CPI, 3.4.3 Calculate the effect of inflation, 3.4.4 Analyse inflation figures, and 3.4.5 Causes and consequences of inflation. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank