
Exploring the Dynamics of Inflation

Interactive Video
•
Social Studies
•
6th - 10th Grade
•
Hard

Aiden Montgomery
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What year is used as an example to illustrate past prices?
1964
1975
1980
1990
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the price of a hamburger in 1964?
$0.25
$0.15
$0.10
$0.20
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What year's Mustang is mentioned as an example of past prices?
1964 Mustang
1968 Mustang
1962 Mustang
1966 Mustang
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does CPI stand for?
Cost Payment Index
Consumer Payment Index
Cost Price Index
Consumer Price Index
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many items are included in the CPI's market basket?
About 60,000
About 80,000
About 50,000
About 70,000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is inflation measured over time?
Through the GDP
Through the unemployment rate
Through the CPI
Through the stock market
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What causes inflation according to economists?
None of the above
Equal amount of money and goods
Too much money chasing too few goods
Too few money chasing too many goods
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