Business GCSE
Inflation
What Inflation means in Business GCSE, as defined for Eduqas.
Definition of Inflation
The general increase in the level of prices in an economy over a period of time.
Topics that use Inflation
- Influences on business (Eduqas GCSE)
Related terms
Using Inflation in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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