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Economics•Macroeconomics

Money, inflation and trade

Senior High 5 questions
AI-drafted from platform data — specialist review scheduledBy DigiTransact Mastermind editorial team
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What money, inflation and trade means

Functions of money, inflation and international trade.

Worked example

One question from this skill's own question bank, shown with its full working.

Question

A general and sustained rise in prices is called:

  • Deflation
  • Inflation
  • Recession
  • Depreciation
Answer: Inflation

Working: Inflation is the persistent rise in the general price level.

Curriculum and exam alignment

Ghana GES SHS syllabusWASSCE

Curriculum notes are a general guide to where this work normally sits. Always check the syllabus your school or examination body is currently using.

Other Economics topics

MicroeconomicsUniversity EconomicsDevelopment & International TradeSHS Money & BankingWASSCE Past Questions

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Exams that assess money, inflation and trade

Senior High work on this skill feeds directly into these exam papers. Each page lists the Economics topics that appear on it.

WASSCEWASSCE practice questionsFree WASSCE practice across the subjects at this stage, with worked answers.GESGES practice questionsFree GES practice across the subjects at this stage, with worked answers.CFACFA practice questionsListed as a related subject on the CFA practice page.

How this page was produced

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