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Exam-style practice

Inflation and deflation answer explanations

Review worked answers and explanations for Inflation and deflation. Aligned to Cambridge IGCSE Economics.

Answer explanations

Question 1 of 10

Review the answer support, then move sideways through the set.

Paper 2 structured question: Inflation and deflation

Paper 2Structured Questions1 marks

Description

Rising Prices in Economy

The country has seen a consistent increase in the prices of goods and services over the past year, leading to concerns about inflation.

  1. a

    State What is the term used to describe the general increase in prices?

    [1]