The diagram shows the annual consumer prices index for Japan over the years 1990–2010 inclusive. In which period did Japan experience both inflation at a rate of approximately 2% and deflation at a rate of approximately 2.5%? [Figure 19]
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
✓ Correct answer
D: 2008–2010
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Government macroeconomic intervention and see which topics are most likely to come up next.
Sign up free →