O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2015 · Q221 Mark

In 2009, a country had an inflation rate of 2%. The table shows the inflation rate in the following years. In which year did deflation start?

A2010

B2011

C2012

D2013

✓ Correct answer

D: 2013

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2015 Paper 1 Variant 2, question 22.

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