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Inflation
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Questions (321)
2What happens during inflation?
AThere is a drop in the price of goods and servicesincorrect answer BThe government takes over
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What happens during inflation
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Why was inflation a problem after World War II?
A. Many people went into debt buying on credit without the income to pay in cash.
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Formula to calculate the average annual rate of inflation
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When the value of paper money drops, while the cost of goods rises- this is known as inflation. True or False? (1 point)
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In your own words (at least one full sentence), explain what inflation is.
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Aside from the tragic deaths of some construction workers on the bridge, this accident shut down the Port of Baltimore, the 11th
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If the consumer price index is 105 in Year One and 110 in Year Two, what is the rate of inflation from Year One to Year Two?(
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Inflation is best described as _____.(1 point)
Responses a downward trend in total economic output a downward trend in total
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Which of the following scenarios illustrates cost-push inflation?(1 point)
Responses A large decrease in consumption decreases
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he Consumer Price Index of any given year provides _____.(1 point)
Responses the nominal price of a basket of consumer goods the
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The rate of inflation in a hypothetical economy is projected to be 1.5% in the coming quarter. Given this information, the
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The rate of inflation in a hypothetical economy is projected to be 1.5% in the coming quarter. Given this information, the
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Which of the following will likely lead to cost-push inflation? (1 point)%0D%0AResponses%0D%0A%0D%0AAn ongoing war causes
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Samuel is barely able to pay his bills on time. He lives paycheck to paycheck. He just barely manages to keep food on the table
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LostCoward
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Which of the following will likely lead to cost-push inflation? (1 point)
Responses a Exports increase dramatically after a
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LostCoward
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summarize sagflation
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Summarize WIN (Whip Inflation Now) in one sentence.
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Which of the following contribute inflation?
The government allows people to start printing their own money The government
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Consumer behavior has changed in such a way that purchases of goods and services have increased throughout the economy. As a
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Using 1984 as the base year, the Federal Reserve has calculated a CPI of 10.9 for 1916 and a CPI of 12.8 for 1917. Given this
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f the inflation rate in New Zealand were to rise relative to the inflation rate in Russia Australia, which of the following
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Which of the following can trigger inflation?
(1 point) Responses The government allows people to start printing their own money.
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Which of the following would likely cause demand-pull inflation?(1 point)
Responses An increase in the price of oil has reduced
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The CPI of a given country is 110 in October. In November, the CPI rises to 120. What is the rate of inflation from October to
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Question
The CPI of a given country is 110 in October. In November, the CPI rises to 120. What is the rate of inflation from
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Which of the following would likely cause demand-pull inflation?(1 point)
Responses a world wide recession causes a decline in
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which of the following can trigger inflation?
a. The government allows people to start printing their own money. b. The
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Which factor best shows why the demand for dot-com stocks created an unstable economic situation?
(1 point) Responses Low
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My
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is a low or a high inflation rate better? why? make it should
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is a low or a high inflation rate better? why? make it short
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The CPI of a given country is 110 in October. In November, the CPI rises to 120. What is the rate of inflation from October to
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Which of the following would likely cause demand-pull inflation?(1 point) Responses a tornado destroys factories and lowers the
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if a basket of goods and services cost R100 in 2003, how much would this basket cost you in 2004 if the inflation rate is 5%?
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what is the rate of inflation for the current month?
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what do you think is going to happen to the inflation rate for the next two months?
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COVID infections and hospitalizations are surging throughout eastern Asia, and governments in China, Japan, and Singapore are
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LostCoward
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Inflation is:
an increase in certain important prices in the economy. a once-off increase in prices in general. a rapid increase
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Negative inflation is called:
disinflation. deflation. stagflation. hyperinflation.
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If the CPI at the end of 2016 was 110 and at the end of 2017 was 120, then the rate of inflation for 2017 was:
9,09% ―9,09% 10%
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Which one of the following can be regarded as a neutral definition of inflation?
Inflation is too much money chasing too few
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If the consumer price index at the end of 2011 was 100 and at the end of 2012 was 120, then the rate of inflation for 2012 was
25
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Which one of the following is NOT an aspect of inflation's definition?
Inflation has a neutral definition. Inflation is a process
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Which is the most likely result of incomes not rising as quickly as inflation?
a. People are able to buy fewer goods and
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Is the term used to describe the situation in which the general price of goods and services in a country is rising. Occasionally
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Blank is the term used to describe the situation in which the general price of goods and services in a country is rising.
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Extremely high inflation is called:
disinflation. deflation. stagflation. hyperinflation
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Which one of the following is NOT an aspect of inflation's definition?
Inflation has a neutral definition. Inflation is a process
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nflation is:
an increase in certain important prices in the economy. a once-off increase in prices in general. a rapid increase
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Rapid inflationary price increases will redistribute income in favour of:
elderly people who have saved money during their
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Parent Categories (31)
Arithmetic
Budgeting
Budgeting/Spending
Calculating Future Value
Consumer Price Index (CPI)
Currency
Economic Challenges
Economic Factors
Economic History
Economic Indicators
Economic Issues
Economic Terms
Economics
Economy
Factors affecting gasoline prices
Finance
Income
Inflation and Deflation
Interest Rates
Macro-economics
Macroeconomics
Monetary Policy
Percentage
Percentages
Personal Finance
Post-war challenges
Price
Price Changes
Prices and Costs
Rates and Percentages
Word Problems