Inflation and deflation
4.8What the syllabus asks of you
- definition of inflation and deflation
- measurement of inflation and deflation Measurement of inflation and deflation using the Consumer Prices Index (CPI).
- causes of inflation and deflation Causes of inflation: demand-pull and cost-push. Causes of deflation: demand-side and supply-side.
- consequences of inflation and deflation The consequences of inflation and deflation for consumers, workers, savers, lenders, firms and the economy as a whole.
- policies to control inflation and deflation The range of policies available to control inflation and deflation and how effective they might be.
Read the notes first
Chapter 4: Inflation and deflation
Drill this topic
Every question on Inflation and deflation, untimed, marked as you go.
Make a worksheet
Choose the years and how many questions, then print it with the answers on separate pages.
42 questions
1May / June 2026 · Paper 11 · Q18Show mark scheme →
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7Oct / Nov 2024 · Paper 11 · Q23Show mark scheme →
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19Oct / Nov 2022 · Paper 12 · Q24Show mark scheme →
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20May / June 2022 · Paper 11 · Q14Show mark scheme →
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24Oct / Nov 2021 · Paper 11 · Q21Show mark scheme →
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37Oct / Nov 2020 · Paper 12 · Q22Show mark scheme →
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