IB Economics - Inflation
Authored by Raquel Ramos
Social Studies
11th - 12th Grade
Used 260+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
When inflation is high the _______________of the dollar decreases
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
If CPI goes from 100 to 300 and your salary goes from $100,000 to $200,000, what happened to your purchasing power?
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is inflation?
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Demand-Pull inflation can be describes as too many _________ chasing too few __________
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What 2 types of inflation are there?
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What the definition of deflation?
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What causes demand pull inflation?
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