Which change in economic circumstances is MOST likely to lead to a reduction in the rate of domestic inflation in an economy?
Select ONE answer:
- a depreciation in the currency
- a reduction in the productivity of labour
- a world-wide recession
- an increase in direct taxes to finance increased welfare payments
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS4 and KS5 classes.
The answer is 3
- Not correct
- Not correct
- Correct
- Not correct
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