Economics 2281 · O Level · Inflation and deflation

Inflation and deflation — practice question

Which country is experiencing the most severe deflation?

  • Ainflation $-5\%$, unemployment rate $+3\%$, real GDP per capita $-3\%$
  • Binflation $-2\%$, unemployment rate $-2\%$, real GDP per capita $-2\%$
  • Cinflation $+2\%$, unemployment rate $-3\%$, real GDP per capita $+1\%$
  • Dinflation $+12\%$, unemployment rate $+10\%$, real GDP per capita $+3\%$

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