Subsection 4.8. Inflation and deflation for Economics, IGCSE - revisedeck

4.8. Inflation and deflation

A subsection of Economics, 0455, through 4. Government and the macroeconomy

Listing 10 of 118 questions

Who is most likely to benefit during a period of inflation?

0455_w23_qp_13

MCQ

2023

Paper 1, Variant 3

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A country has rapidly increasing inflation. What is an example of a monetary policy measure to reduce this problem?

0455_m21_qp_12

MCQ

2021

Paper 1, Variant 2

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An economy has a high rate of inflation. Which monetary policy measure is required to reduce inflation?

0455_m24_qp_12

MCQ

2024

Paper 1, Variant 2

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Interest rates are sometimes raised to control inflation. Why might this policy be effective?

0455_s21_qp_11

MCQ

2021

Paper 1, Variant 1

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A government wishes to prevent deflation. Which combination of policies would be the most effective in achieving this aim?

0455_s24_qp_12

MCQ

2024

Paper 1, Variant 2

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In 2008 inflation was close to 100 000 % in Zimbabwe. In a bid to reduce this high rate, the Zimbabwean Government imposed maximum prices on a range of products. This caused price rises amongst those goods sold unofficially or illegally. What could explain this?

0455_w09_qp_1

MCQ

2009

Paper 1, Variant 0

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Which policy aims to maintain low inflation over a period of time?

0455_w17_qp_11

MCQ

2017

Paper 1, Variant 1

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A person receives annual interest of 4% on their savings. Inflation is 5% per annum. What is the approximate change in the real value of their savings?

0455_m20_qp_12

MCQ

2020

Paper 1, Variant 2

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Questions Discovered

118