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Inflation
Page 7
Questions (341)
Which of the following is true of the effect high inflation has on savings and spending?(1 point) Responses It increases the
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hunny
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Causes of inflation in economics
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Why was inflation a problem after World War II? (1 point) Many people went into debt buying on credit without the income to pay
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In 3–4 sentences, assess the impact of inflation on economic activity
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After some consideration it has been decided to change the base year for the fuel index from 2000 to 2005.
(2000=100) (2005=100)
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Which is the most likely result of incomes not rising as quickly as inflation?
(1 point) Responses People are able to buy fewer
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What is it called when prices rise at a high rate?
a. interest rate b. net export c. inflation d. taxes
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Mr. Lee received a raise at a job this year, but he finds that he has less money to spend each month even though his spending
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Which of the following is an example of cost-push inflation? (1 point)
• Prices of exports decrease • War causes production
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The global economy apply
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The economy is currently experiencing high inflationary pressure with low unemployment and steady GDP growth. Which of the
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How did inflation in the 1970s contribute to Washington's boom-and-bust cycles?
( 1 point) It decreased unemployment in key
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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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Which is the most likely result of incomes not rising as quickly as inflation?
People are able to buy fewer goods and services.
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Understanding the concept of inflation is important to help me make more educated decisions in regard to my savings and spending
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Define the term inflation. Make it short
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Discuss 2 causes of inflation. Make it short
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2 causes of inflation
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Suppose your salary in 2014 is $70,000. If the annual inflation rate is 5%, what salary do you need to make in 2022 in order for
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Which of the following is an example of cost-push inflation?
A. Rise in cost of oil leads to decrease in supply of all goods and
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Which of the following is an example of cost-push inflation?(1 point)
Responses Rise in cost of oil leads to decrease in supply
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What is it called when prices rise at a high rate
A Interest rates B Net export C Inflation D Taxes
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Marysol
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In January of 2008, the average price of a gallon of milk was $3.87. In January of 2012, the average price of a gallon of milk
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rod wave
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If 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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Complete the sentence below in 2 sentences
Understanding the concept of inflation is important to help me make more educated
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what is it called when prices rise at a high rate?
a. Interest rate b. Net export c. Inflation d. Taxes
1 answer
asked anonymously
3 views
mr. Lee received a raise at a job this year, but he finds that he has less money to spend each month, even though his spending
1 answer
asked anonymously
7 views
What is it called when prices rise at a high rate?
(1 point) Responses interest rate interest rate net export net export
1 answer
asked by
rod wave
3 views
Mr. Lee received a raise at a job this year, but he finds that he has less money to spend each month even though his spending
1 answer
asked by
rod wave
2 views
The government in an economy recently reduced the tax rates on income for individuals. This prompted an increase in consumer
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What is it called when prices rise at a high rate? (1 point) Responses interest rate interest rate net export net export
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..
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What is the cause of demand-pull inflation?
Prices rise due to high consumer interest. Prices rise after production costs
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What is the definition of inflation?
when a company’s profits go up when the interest rates on bank accounts rise when there is
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What is it called when prices rise at a high rate?
interest rate interest rate net export net export inflation inflation taxes
1 answer
asked anonymously
4 views
How did inflation in the 1970s contribute to Washington’s boom-and-bust cycles?
(1 point) Responses It decreased unemployment
2 answers
asked anonymously
7 views
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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If inflation was 8% in a particular year and you received a 5% increase in income during the same year, then over the year your:
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Demand-pull inflation arises when
Policymakers set a very high unemployment target A persistent budget deficit is financed by
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Demand-pull inflation typically follows which of the following patterns? Aggregate demand
decreases that ultimately causes the
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During inflation, who suffers the most?
Wage and salary earners Creditors Debtors Businessman
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Demand-pull inflation occurs when:
Production costs decrease Demand for goods and services exceeds supply Government reduces
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Suppose your salary in 2013 is $55,000. If the annual inflation rate is 2%, what salary do you need to make in 2021 in order for
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asked by
College Student
5 views
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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