Quiz: Inflation vs Deflation vs Disinflation
Pearson Edexcel Level 3 Advanced GCE in Economics A (9EC0)
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Building on what you've learned about economic indicators, let's explore inflation, deflation, and disinflation!
Which term describes a sustained increase in the general price level of goods and services?
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Which of the following are effects of deflation? (Select all that apply)
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Disinflation occurs when the {{blank0}} of inflation slows down over time, but prices are still {{blank1}}.
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Match the items on the left with their correct pairs on the right
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If the inflation rate drops from 5% to 3%, what is the change in the inflation rate?
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Which of the following is an example of deflation?
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Match the items on the left with their correct pairs on the right
Deflation can lead to {{blank0}} profits for firms, which may result in {{blank1}} unemployment.
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Which term refers to the slowing down of the rate of inflation?
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Which of the following are true about inflation? (Select all that apply)
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