Inflation Quiz

Froggy Jumps

Test your knowledge about inflation with these 10 questions!

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sarah ayyad

United Arab Emirates

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Froggy Jumps Inflation QuizVersion en ligne Test your knowledge about inflation with these 10 questions! par sarah ayyad 1 What is inflation? a A decrease in the general price level of goods and services in an economy over a period of time. b A sustained increase in the general price level of goods and services in an economy over a period of c A sudden increase in the general price level of goods and services in an economy. 2 What causes inflation? a A decrease in the money supply in an economy. b Changes in supply and demand for goods and services. c An increase in the money supply in an economy. 3 What is the effect of inflation on purchasing power? a It decreases the purchasing power of money. b It has no effect on the purchasing power of money. c It increases the purchasing power of money. 4 What is the CPI? a Consumer Price Index, a measure of inflation based on the average price level of goods and services b Central Price Index, a measure of inflation based on the average price level of goods and services p c Consumer Price Increase, a measure of inflation based on the average price level of goods and servic 5 What is hyperinflation? a An extremely low and typically accelerating inflation. b A sudden decrease in the general price level of goods and services in an economy. c An extremely high and typically accelerating inflation. 6 What is deflation? a A decrease in the general price level of goods and services in an economy over a period of time. b A sudden decrease in the general price level of goods and services in an economy. c An increase in the general price level of goods and services in an economy over a period of time. 7 What is stagflation? a A situation of high inflation combined with low unemployment and stagnant demand in a country's econ b A situation of high inflation combined with high unemployment and stagnant demand in a country's eco c A situation of low inflation combined with high unemployment and stagnant demand in a country's econ 8 What is the role of central banks in controlling inflation? a They use trade policy tools to manage imports and exports. b They use fiscal policy tools to manage government spending and taxation. c They use monetary policy tools to manage the money supply and interest rates. 9 What are some measures to protect against inflation? a Investing in assets that tend to increase in value during inflation, such as real estate or commodit b Keeping money in a savings account with a fixed interest rate. c Reducing spending and saving money in a regular checking account.

Froggy Jumps

Inflation QuizVersion en ligne

Test your knowledge about inflation with these 10 questions!

par sarah ayyad

What is inflation?

A decrease in the general price level of goods and services in an economy over a period of time.

A sustained increase in the general price level of goods and services in an economy over a period of

A sudden increase in the general price level of goods and services in an economy.

What causes inflation?

A decrease in the money supply in an economy.

Changes in supply and demand for goods and services.

An increase in the money supply in an economy.

What is the effect of inflation on purchasing power?

It decreases the purchasing power of money.

It has no effect on the purchasing power of money.

It increases the purchasing power of money.

What is the CPI?

Consumer Price Index, a measure of inflation based on the average price level of goods and services

Central Price Index, a measure of inflation based on the average price level of goods and services p

Consumer Price Increase, a measure of inflation based on the average price level of goods and servic

What is hyperinflation?

An extremely low and typically accelerating inflation.

A sudden decrease in the general price level of goods and services in an economy.

An extremely high and typically accelerating inflation.

What is deflation?

A decrease in the general price level of goods and services in an economy over a period of time.

A sudden decrease in the general price level of goods and services in an economy.

An increase in the general price level of goods and services in an economy over a period of time.

What is stagflation?

A situation of high inflation combined with low unemployment and stagnant demand in a country's econ

A situation of high inflation combined with high unemployment and stagnant demand in a country's eco

A situation of low inflation combined with high unemployment and stagnant demand in a country's econ

What is the role of central banks in controlling inflation?

They use trade policy tools to manage imports and exports.

They use fiscal policy tools to manage government spending and taxation.

They use monetary policy tools to manage the money supply and interest rates.

What are some measures to protect against inflation?

Investing in assets that tend to increase in value during inflation, such as real estate or commodit

Keeping money in a savings account with a fixed interest rate.

Reducing spending and saving money in a regular checking account.

Inflation Quiz

Froggy Jumps

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Inflation QuizVersion en ligne

par sarah ayyad

What is inflation?

What causes inflation?

What is the effect of inflation on purchasing power?

What is the CPI?

What is hyperinflation?

What is deflation?

What is stagflation?

What is the role of central banks in controlling inflation?

What are some measures to protect against inflation?