Edexcel A Level · 9EC0 · Theme 2: The UK economy: performance and policies
2.1.2 Inflation
Also Edexcel AS 8EC0
Everything you need for questions on inflation, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- What inflation is
- Measuring it: the CPI
- CPI, RPI and what the index can't see
- Causes of inflation
- Effects: who wins, who loses
- Deflation, and a classic chain
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Rate or level?
- Build the CPI
- What pushed prices up?
- Who wins, who loses?
- Is inflation always bad? Is deflation?
- Build the chain
- Exam practice
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