Inflation and Stagflation

a gradual, steady increase in prices combined with unemployment and low consumer demand (a)  

• stagflation
• influence
• inflation
• consumer price index

a gradual, steady increase in the prices of goods and services (a)  

• stagflation
• influence
• inflation
• consumer price index

to encourage something to happen or change (a)  

• influence
• stagflation
• inflation
• consumer price index

a statistic that shows the average change in prices over a period of time (a)  

• consumer price index
• stagflation
• influence
• inflation

an exponential rise in prices of goods (a)  

• stagflation
• influence
• hyperinflation
• consumer price index

The inflation rate is the (a)   rate at which prices increase.

• annual
• bi-monthly
• weekly
• daily

Which of the following types of inflation interferes with a company’s ability to plan for the future? (a)  

• Expected inflation
• Unexpected inflation
• Creeping inflation
• Galloping inflation

Most countries try to maintain an inflation rate of (a)   per year.

• One percent or less
• Two to three percent
• Four to five percent
• Six to seven percent

(a)   is a decrease in the rate of inflation.

• Hyperinflation
• Disinflation
• Deflation
• Stagflation

__________ refers to a decrease in price level.

• Hyperinflation

• Disinflaation

• Deflation

• Stagflation