Inflation

Presentation

•

Business

•

11th Grade

•

Medium

Shauna-Kay Herah

Used 11+ times

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19 Slides • 9 Questions

Inflation

by Shauna-Kay Herah-Thompson

Multiple Choice

What is inflation?

rise in all prices

rise in most prices

rise in some prices

rise in general prices

Multiple Choice

An index that measures the prices of a market basket of goods that typical consumers purchase.

Consumer Price Index

Federal Reserve

Bank

Deflation

Multiple Choice

What causes demand pull inflation?

rise in price due to a decrease in supply

a rise in price level due to an increase in consumption

a rise in price due to an increase in the cost of production

a decrease in price due to a decrease in supply

Multiple Choice

What 2 types of inflation are there?

demand pull and cost push

demand pull and supply glut

supply glut and demand side

supply inflation and demand inflation

Multiple Choice

What is Cost-push inflation?

The decrease prices of the factors of the production leads to decreased supply of these goods.

The increase prices of the factors of the production leads to a decreased supply of these goods.

Multiple Choice

When inflation is high the _______________of the dollar decreases

cost value

purchasing power

importance

validity

Multiple Choice

Who is most likely to be hurt by inflation?

someone who borrowed money

a retiree on a fixed income

a business owner

the U.S. government

Multiple Choice

To correct inflation the government need to boost demand

TRUE

FALSE

Multiple Choice

What type of monetary policy is used to correct inflation?

Expansionary

Contractionary

Inflation

by Shauna-Kay Herah-Thompson

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