Inflation terminology

What is "Orwellian double speak?"

• the language spoken in Orwell

• saying one thing but meaning the exact opposite

• author George Orwell's habit of saying everything twice

• reducing language to the simplist terms to inhibit deep thinking

What does the abbreviation i.e. mean?

• that is to say or in other words

• index of experience

• In his/her words.

• That's what I meant to say.

What is inflation?

• a sharp decline in prices due to a decline in the amount of money in the economy

• a sharp increase in prices due to an increase in the amount of money in the economy

• a sharp increase in prices due to the reduction of the amount of money in the economy

• a sharp decline in prices due to the reduction of the amount of money in the economy

What does the verb interchange mean?

• an intersection often at a traffic light

• the place where two major highways branch off from each other

• a conversation with another person in which you exchange ideas

• to exchange places, to swap one thing with another

What is a beneficiary.

• someone who counsels others on financial matters

• someone who donates or gifts others with money or property

• someone who oversees the wishes of a person's will

• someone who receives money or property as a result of a will

What is monetary inflation?

• an increase in the money supply which reduces the buying power of money

• an increase in prices which reduces the amount of money available in the economy

• an increase in prices which floods the economy with a greater supply of money

• an increase in the price of almost everything

What does "stimulate the economy" mean?

• to lockdown the economy

• to make money readily available so people will spend it in the economy

• to encourage or invigorate the economy

• to encourage people to "save their money for a rainy day"

What is a recipient?

• A person who resides in a domicile (house, apt., or mobile home, etc.).

• The person who gives you a receipt for a purchase.

• A party to celebrate an event like a wedding, graduation, etc.

• A person who receives something.

What is price inflation?

• As prices go up, the purchase power of the dollar goes down..

• an increase in prices.

• an abrupt drop in prices.

• As prices drop, the dollar buys more.

What is hyperinflation?

• an extreme and often abrupt increase in prices.

• Inflation over an extended period of time.

• Erratic inflation that shoots up and then down.

• a rapid and excessive increase in inflation