Economics GCSE
Inflation
What Inflation means in Economics GCSE, as defined for Pearson Edexcel.
Definition of Inflation
A sustained increase in the general price level over time.
Topics that use Inflation
- Macroeconomic objectives (Pearson Edexcel 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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