Unemployment & Inflation

Unemployment & Inflation

1st - 12th Grade

20 Qs

quiz-placeholder

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Unemployment & Inflation

Unemployment & Inflation

Assessment

Quiz

Other, Social Studies

1st - 12th Grade

Medium

Created by

Marissa Jadrosich-Forget

Used 10+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The _______ considers the weighted averages of a group of consumer goods and services.

Consumer price index

Aggregate supply

Producer price index

Aggregate demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________ refers to a decrease in price level.

Hyperinflation

Disinflaation

Deflation

Stagflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following causes of inflation is often described as “too much money chasing too few goods”?

Demand-pull inflation

Cost-push inflation

Demand-push inflation

Cost-pull inflation

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is inflation?

rise in all prices
rise in most prices
rise in some prices
rise in general prices

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Demand-Pull inflation can be describes as too many _________ chasing too few __________

jobs, workers
consumers, producers
dollars, goods

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What 2 types of inflation are there?

demand pull and cost push
demand pull and supply glut
supply glut and demand side
supply inflation and demand inflation

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What the definition of deflation? 

decrease in the average price of goods and services
occurs when the price of goods and services rise
increase in prices
I don't know

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