Cost-Push or Demand-Pull and winners losers

Cost-Push or Demand-Pull and winners losers

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Other

12th Grade - University

Medium

Created by

Jon Inge

Used 70+ times

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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price increase occurs because of decrease in the supply of goods and services that is caused by an increase in the costs of production.
Cost-Push
Demand-Pull

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This price increase occurs because the market wants to purchase more goods and services than the economy can produce, so purchasers are essentially "bidding up the prices."
Cost-Push
Demand-Pull

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the government reduces tax rates, and households have more money, this type of inflation could occur. 
Cost-Push
Demand-Pull

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the price of raw materials goes up, a company would have to spend more money to purchase raw materials, which could lead to this type of inflation. 
Cost-Push
Demand-Pull

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If wages go up, and companies have to allocate more money to cover wages, this type of inflation could occur. 
Cost-Push
Demand-Pull

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If other country's economies are growing, and consumers in those countries purchase more American goods, that could leave to this type of inflation. 
Cost-Push
Demand-Pull

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

increases finding on apprenticeships and education this policy will stop 
cost push 
demand pull 

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