What is inflation?
EHC Macroeconomics Inflation

Quiz
•
Business
•
9th - 12th Grade
•
Easy

James Quinn
Used 1+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rise in all prices
Rise in most prices
Rise in some prices
Sustained rise in general prices
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An index that measures the prices of a 'basket' of goods that typical consumers purchase.
Government Index
Consumer Price Index
National Bank
Deflation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Demand-pull inflation is inflation caused by...
Producer costs
Producer demand
Consumer costs
Consumer demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is more likely to be hurt by inflation?
Someone who's salary is increasing
Someone who's salary stays the same
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What causes cost-push inflation?
An increase in demand
A fall in the price of imports
A rise in production costs passed on to consumers.
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