Inflation

Presentation

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Business

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University

•

Practice Problem

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Medium

Euro Cordero

Used 3+ times

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8 Slides • 7 Questions

Inflation

Macroeconomics

Multiple Choice

Most economists believe that some inflation will occur when the economy is growing.

True

False

Multiple Select

Two causes of inflation are:

Demand-pull

Cost-push

Command-lift

Push-pull

Multiple Choice

HELPED by Inflation:

Those who RECEIVE ____________ payment

Those who MAKE ______________ payment

Variable; Fixed

Fixed; Variable

Multiple Choice

HURT by Inflation:

Those who RECEIVE ____________ payment

Those who MAKE ______________ payment

Variable; Fixed

Fixed; Variable

The BIG KEY to High Inflation

Make major purchases with FIXED rate payments (i.e. cars, homes, loans etc.)
INVEST money in adjustable options (i.e. stocks, commodities – gold, collectables etc)

Multiple Choice

What is inflation?

rise in all prices

rise in most prices

rise in some prices

rise in general prices

Multiple Choice

What the definition of deflation?

decrease in the average price of goods and services

occurs when the price of goods and services rise

increase in prices

I don't know

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

Inflation

Macroeconomics

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