AQA
Analyse the way in which inflation indices, such as the CPI and RPI, are constructed
and their accuracy as a measure of inflation for every household in an economy over
time.
(AQA, January 2008)
Evaluate the significance of a low rate of inflation for the performance of the
UK economy in recent years.
(AQA, January 2008)
Using the data and your economic knowledge, evaluate the extent to which changes
in costs explain the trends in UK inflation in recent years.
(AQA, June 2006)
Evaluate the view that reductions in firms’ production costs have been more significant
than the control of aggregate demand in achieving low inflation in the UK economy.
(AQA, January 2004)
Explain why difficulties may arise when attempting to maintain a low rate of inflation
as an economy approaches full employment.
(AQA, January 2004)
In recent years, the UK economy has maintained low inflation as unemployment has
fallen. Evaluate the reasons for such an occurrence.
(AQA, January 2004)
Explain the causes of inflation.
(AQA, June 2002)
Edexcel
Examine the factors which might explain why the UK has experienced low inflation
and low unemployment in recent years.
(Edexcel, June 2003)
Assess to what extent a fall in the price of oil would be likely to reduce inflationary
pressure.
(Edexcel: AS, Summer 2002)
Examine any three ways in which deflation can damage the economy.
(Edexcel, Summer 2002)
Assess the case for setting a target rate of inflation above 2.5%.
(Edexcel, Summer 2002)
Assess the likely economic significance of inflation rising above the government’s
target.
(Edexcel, January 2002)
Explain the economic significance of an inflation rate persistently below the government’s
target.
(Edexcel, January 2002)
OCR
Discuss the performance of the Bank of England since 1997 in meeting the government’s
inflation target.
(OCR, January 2008)
Discuss the benefits of a fall in the rate of inflation.
(OCR, January 2008)
Discuss whether supply-side policies have been responsible for the relatively low
rates of both unemployment and inflation experienced by the UK economy over the
last 10 years.
(OCR, June 2003)
Discuss the effectiveness of fiscal policy measures in reducing aggregate demand.
(OCR, January 2002)
Discuss whether an inflation rate of 5% might cause problems for the UK economy.
(OCR, January 2002)
