Inflation

What is inflation?

• Increase general price level of goods and services

• Increase price level from one private organisation

• Decrease general price level of goods

• Increase general price level of services

what is the result from "Stagflation"?

• Raising employment rate

• Economic growth is like a "snail"

• General Price level decreases

• None

Which type of inflation is correct?

• Cost - pull inflation

• Demand - push inflation

• Cost - push inflation

• All is correct

Causes of Inflation are...

• Demand - pull

• Supply - shock

• Wage push

• All is correct

Do you remember the accurate formula of Inflation Rate (%)?

• CPI Current Year - CPI Previous Year x 100%

  CPI Current Year

• CPI Previous Year - CPI Current Year x 100%

  CPI Current Year

• CPI Previous Year - CPI Current Year x 100%

  CPI Previous Year

• CPI Current Year - CPI Previous Year x 100%

  CPI Previous Year

To manage inflation, government uses macroeconomic policy including:

• Monetary Policy

• Fiscal Policy

• Two of them are correct

• All of them are incorrect

There are two tools of Fiscal Policy, which are

• Cash rate and Reserve Requirements

• Open Market Operations and Tax

• Government spending and Reserve Requirements

• Tax and Government Spending

Which statement is true about the Supply shock or Cost - push Inflation?

• One of the illustrations is climate change

• Caused from increase the cost of production

• Caused from rising energy and commodity prices

• All is true

What are solutions mentioned to this presentation?

• All is correct

• Investing solid pipeline in renewable energy

• Two key ingredients: Political leader ship and international cooperation

• Increase the demand for cleaner coal, natural gas and battery inputs

Do you obviously understand everything about our presentation?

• Yes

• Neutral

• No

• Absolutely yes