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Inflation hits cookouts and pool parties this Fourth of July

Inflation hits cookouts and pool parties this Fourth of July

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the price changes of various products commonly used during July celebrations. Items like ketchup, mayo, relish, hot dogs, and sunscreen have seen significant price increases, while some recreational items like pool toys and sparklers have also gone up. However, other items such as plastic ware, water guns, fireworks, and beverages have remained the same or decreased in price. The video suggests saving money by opting for off-brand products or purchasing items during the offseason.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which item experienced the highest price increase for the 4th of July celebrations?

Relish

Sunscreen

Ketchup

Hot dogs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason mentioned for the increase in sunscreen prices?

New packaging design

Increased production costs

Supply chain unpreparedness

Higher import taxes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following items has decreased in price compared to last year?

Sunscreen

Sparklers

Plastic ware

Pool toys

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What advice is given for saving money on purchases?

Buy in bulk

Shop at local stores

Use discount coupons

Choose off-brand products

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what percentage did the price of American flags drop?

6%

10%

12%

15%

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