2.3.1.2g - Effects of inflation and deflation on: (continued) • Consumers • the government • firms

Effects of inflation and deflation on: (continued); Consumers; the government; firms; workers; income distribution; investment; competitiveness; the current account of the balance of payments.

Use g - effects of inflation and deflation on: (continued) • consumers • the government • firms to connect the rule to the data and decision in the question.

This matters because g - effects of inflation and deflation on: (continued) • consumers • the government • firms determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply g - effects of inflation and deflation on: (continued) • consumers • the government • firms to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: g - Effects of inflation and deflation on: (continued) • Consumers • the government • firms is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.