Economics (AS & A Level) · Feb / March 2022 · Paper 12 · Question 19

The diagram shows the annual consumer prices index for Japan over the years 1990–2010 inclusive. In which period did Japan experience both inflation at a rate of approximately 2% and deflation at a rate of approximately 2.5%?

1. A1992–1994
2. B1996–1998
3. C2006–2008
4. D2008–2010

As printed in the paper