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Questions on inflation


Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

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Question 1

Why are inflation and deflation considered to be economic problems?

Question 2

Assess the usefulness of indicators of inflation, such as the CPI, in measuring average price changes over time.

Question 3

Examine the likely impact of a rise in global commodity prices on an industrial economy. Use diagrams to support your answer.

Question 4

Assess the effectiveness of monetary policy in controlling inflation.


WTO rules

What exactly is the 'most favoured nation' rule?

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Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

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Customs unions

Costs and benefits of customs unions.

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Savings ratio

Savings ratio falls to lowest level on record.

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