Inflation

Inflation

1st - 3rd Grade

8 Qs

quiz-placeholder

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Inflation

Inflation

Assessment

Quiz

Other

1st - 3rd Grade

Hard

Created by

Alexandra Stein

Used 5+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is inflation? 

one-off price increase 

a general, 

continuous increase in prices 

one-time drop in prices 

a general, continuous price drop 

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many percent may the price increase for a year without the consumer noticing it? 

2%

9%

5%

3%

3.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

What were the root causes of the Great Inflation?

raising oil prices

tense relations with the Soviet Union

covid-19

Federal Reserve’s loose monetary policy

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In which country has the highest price increase recorded in the last year? 

US

Brazil

Russia

Poland

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is an emerging market? 

a place where you can buy first aid supplies 

a place where you can buy necessities 

a market that does not work as it should 

a consumer market in a newly developing country 

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The interest percent that a bank or other financial company charges you when you borrow money 

interest rate 

Inflation rate 

Tax premium 

loan 

7.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

The sales ________ is predicated on the assumption that the economy will grow by four percent this year.

8.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

The president has accused two cabinet members of working secretly to _________ his position.