What are the main causes of inflation?
Inflation Quiz

Quiz
•
Business
•
11th Grade
•
Easy
Denise Fagan
Used 8+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increase in money demand, demand-pull deflation, cost-push deflation, and deflation expectations.
Increase in money supply, demand-pull inflation, cost-push inflation, and inflation expectations.
Decrease in money supply, deflation expectations, demand-pull deflation, and cost-push deflation.
Decrease in money demand, demand-pull deflation, cost-push deflation, and deflation expectations.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is demand-pull inflation?
Demand-pull inflation is when the demand for goods and services exceeds the supply, causing prices to rise.
Demand-pull inflation is when the supply of goods and services exceeds the demand, causing prices to rise.
Demand-pull inflation is when the demand for goods and services decreases, causing prices to rise.
Demand-pull inflation is when the government increases taxes, causing prices to rise.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is cost-push inflation?
Inflation caused by changes in monetary policy.
Inflation caused by a decrease in production costs.
Inflation caused by an increase in production costs.
Inflation caused by changes in consumer spending.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does inflation affect the purchasing power of money?
It decreases the purchasing power of money.
It increases the purchasing power of money.
It has no effect on the purchasing power of money.
It fluctuates the purchasing power of money.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the negative effects of high inflation on an economy?
Stimulating economic growth, increasing employment opportunities, and boosting consumer spending.
Eroding purchasing power, reducing consumer and investor confidence, distorting price signals, increasing uncertainty, and creating income inequality.
Encouraging investment, promoting innovation, and fostering economic development.
Stabilizing prices, reducing income inequality, and improving financial stability.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does inflation impact interest rates?
Inflation has no impact on interest rates.
Inflation causes interest rates to decrease.
Inflation causes interest rates to remain constant.
Inflation causes interest rates to rise.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the central bank in controlling inflation?
The central bank controls inflation through monetary policy measures.
The central bank controls inflation through supply and demand.
The central bank controls inflation through fiscal policy measures.
The central bank has no role in controlling inflation.
Create a free account and access millions of resources
Similar Resources on Wayground
11 questions
Business, Economy & Government

Quiz
•
8th - 12th Grade
10 questions
FES Youth Financial Literacy - Central Bank & Money (1-3)

Quiz
•
4th - 12th Grade
14 questions
Exchange Rates

Quiz
•
8th - 12th Grade
15 questions
Operations Management

Quiz
•
11th - 12th Grade
10 questions
CIE Econs IGCSE Diagrams 4

Quiz
•
10th - 11th Grade
5 questions
EHC Macroeconomics Inflation

Quiz
•
9th - 12th Grade
9 questions
STEEPLE research quiz

Quiz
•
11th Grade
15 questions
Macro Review

Quiz
•
11th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade