Inflation & Economic Indicators

The increase in prices of a good or service over time is known as

• Inflation

• Deflation

• Employment rate

• Consumer Spending

Inflation is measured by the

• Consumer Price Index

• Consumer Pro Index

• Customer Project Indigo

• a ruler

The opposite of inflation is

• Deflation

• Uninflation

• Lower prices

• CPI

Calculate the rate of inflation:

Cost of living 2019 (Year 1) = 80 euro

Cost of living 2020 (Year 2) = 90 euro

An economic indicators shows the

• Color of the economy

• How many people like thier jobs

• The health of the economy

• How much you like school

Calculate the rate of inflation

The cost of living in 2015 was 65 euro (Year 1)

The cost of living in 2020 was 90 euro (Year 2)

• 38%

• 33%

• 27

• 25

Which year had the highest inflation rate?

• 2012

• 2014

• 2018

• 2020

How ready are you for the test on Thursday......Honestly?

• Would do very well if I did the test

• Need to study more

• Would like to revise in tomorrows class.