What this practice covers
These questions are drawn from past AQA A-Level papers and filtered to inflation, employment and the balance of payments. You answer, you find out immediately whether you were right, and you get the reasoning for the correct option and for each distractor. Wrong answers go to a mistakes locker so you can come back to exactly those.
Practice is free. You need an account only so your progress and your mistakes are still there next time.
Start practising Paper 3 MCQs →
What examiners see students get wrong here
These are the errors that cost marks on inflation, employment and the balance of payments, taken from our own topic notes. Read them before you practise and you will recognise the traps in the questions.
- Confusing deflation (falling prices) with disinflation (slowing inflation).
- Treating all inflation as demand-pull, the diagram and the policy differ entirely for cost-push.
- Saying inflation is always harmful; moderate, stable inflation is preferred to deflation.
- Confusing cyclical with structural unemployment. The policy response is completely different.
- Saying the natural rate can be lowered by raising AD, only supply-side policy lowers it.
- Treating a current account deficit as automatically bad without asking what is causing it.
Revise it first
If any of the above is unfamiliar, work through the notes before practising: Inflation, Employment and the Balance of Payments revision notes.