Inflation
https://aiglon.managebac.com/secure/1423165312/u5kr33c2PUo_bvXtj6zmqg/assets6/1678/9010/L6_w3_inflation.pdf
1) Use the .xls data from the OECD to draw graphs to compare the inflation
rates of 5 different countries of your choice. Note that this will require you to
convert the indices into a % rate. (10)
2) Explain the difficulties involved with measuring the rate of inflation. (10)
3) For one ofthe countries you chose in 01, research the causes ofthe inflation.
Present evidence of the causes of the inflation over the period; demand-pull,
cost-push or monetary issues. (10)
4) HL only. Answer the questions on inflation in Atlantis. (10)
12. The RPI for Atlantis is shown In the following table:
b) In which year did Atlantis face the highest rate of inflation? [2 marks]
0) calculate the % rate of inflation for that year. [2 marks]
9) In 2005 were prices higher than in 1998? Explain your answer. [2 marks]
f) In 2005 were prices higher than in 2001 ? Explain your answer. [2 marks]
9) From 2001 to 2005 is Atlantis suffering from inflation. deflation or dis-inflation? Explain
your answer. [2 marks]