4.8 Inflation and deflation

4. Inflation rates should be between 1 and...%
5. Consequences of inflation, consumers lose
6. This group benefits from inflation as they pay back less
8. The international competitiveness of a country will tend to fall when there is domestic inflation
10. Starting point of the CPI
11. Causes of deflation can be categorised as
12. Other possible causes of inflation
14. Workers will demand a pay...during inflation
15. Savers money is worth....with inflation
17. Deflation caused by higher levels of supply of goods and services
18. Business....will fall during inflation
19. The money they recieve back is worth less...bad for..
22. Deflation caused by a recession
25. is caused by higher levels of demand
26. Other possible causes of inflation
27. Measured in the CPI

1. Very high rates of inflation that are out of control
2. weighted index of consumer prices in the economy over time
3. Time taken by consumers checking prices
7. is a cause of inflation, triggered by higher costs of production
9. Causes of deflation can be categorised as
13. Consequences of inflation:
16. Measured in the CPI
20. Deflation is a concern if it is caused by
21. Sustained rise in the general level of prices of goods and services over time
23. The sustained fall in the general price level in an economy over time
24. Deflation can be caused by higher levels of