Inflation

Front

What do we call it when people want to buy a certain thing?

Back

Demand

Front

What do we call something that people sell?

Back

Goods/ services/products

Front

What is another term for the thing that people want to buy?

Back

supply

Front

If there is more demand than there is supply, what will happen?

Back

The product/goods becomes more expensive.

Front

If there is more supply than there is demand--what can happen?

Back

The product can become cheaper/less expensive.

Front

What happens when there is too much money and too few goods/products?

Back

inflation

Front

Inflation happened to this burger. How did inflation affect it?

Back

The cheeseburger got smaller.

Front

Inflation has (slowly) over time affected this coffee. What happened?

Back

The price of coffee has gone up.

Front

In this picture, inflation has affected these products. Which food has it affected the most? Apples, Eggs, Beef steaks, Bacon

Back

Beef steaks

Front

What is going on in this picture?

Back

His raise cannot keep pace with inflation.