Inflation
Quiz
•
Other
•
11th - 12th Grade
•
Practice Problem
•
Hard

Mr Wetters
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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Extremely rapid inflation with the price level rising by at least fifty per cent each month
Hyperinflation
Stagnation
Deflation
Inflation
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Level of GDP where all available factor inputs are fully employed
Cost push inflation
Consumer price Index
Full capacity output
Relative deflation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Prices driven higher due to an increase in higher unit wages, import prices, indirect taxes etc
Demand Pull
Cost push
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Combination of slow growth and fast-rising prices
Hyperinflation
Demand pull
Cost plus
Staglfation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nominal wage adjusted for inflation
Living wage
RPI
Real wage
Constant prices
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rising prices resulting from a high level of aggregate demand relative to potential output
Demand Pull
Cost Push
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is this showing...
Demand Pull
Cost Push
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