Understanding Inflation and Deflation

The video is part of the Money Dictionary series by Kbank, explaining financial terms in a minute. It covers inflation, where prices of goods and services rise due to higher demand or production costs, and deflation, where prices fall due to decreased consumer confidence or economic downturn. The video encourages viewers to explore more financial terms.

What is the main topic introduced by Kbank in this video?

• Investment strategies

• Financial terms: inflation and deflation

• Stock market trends

• Banking services

What is an example of inflation as explained in the video?

• Buying a product for 8 baht instead of 10 baht

• Buying a product for 12 baht instead of 10 baht

• Buying a product for 10 baht instead of 12 baht

• Buying a product for 15 baht instead of 12 baht

Which of the following is a potential cause of inflation?

• Decrease in consumer confidence

• Decrease in product demand

• Increase in unemployment

• Increase in production costs

What is an example of deflation as explained in the video?

• Buying a product for 15 baht instead of 12 baht

• Buying a product for 8 baht instead of 10 baht

• Buying a product for 10 baht instead of 8 baht

• Buying a product for 12 baht instead of 10 baht

Which of the following is a potential cause of deflation?

• Decrease in production costs

• Increase in consumer confidence

• Increase in product demand

• Decrease in consumer confidence