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Economics · May / June 2026 · Paper 12 · Question 24

2281Inflation

In 2018, a country had an inflation rate of 4%. The table shows the inflation rate in the following years. | year | inflation rate % | |---|---| | 2019 | 4 | | 2020 | 2 | | 2021 | −2 | | 2022 | −1 | In which year did deflation start?

  1. A2019
  2. B2020
  3. C2021
  4. D2022

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Correct answer: C. 2021

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