inflation theme 2 edexcel

inflation theme 2 edexcel

University

17 Qs

quiz-placeholder

Similar activities

business 1.4 revision

business 1.4 revision

KG - Professional Development

20 Qs

ACCTG1 PRELIM QUIZ2

ACCTG1 PRELIM QUIZ2

University

17 Qs

Strategic Compensation Plan

Strategic Compensation Plan

University - Professional Development

15 Qs

Human Resource Management Quiz

Human Resource Management Quiz

University

15 Qs

Topic 8

Topic 8

University

12 Qs

Topic 6 & 7

Topic 6 & 7

University

15 Qs

Kuis Koperasi

Kuis Koperasi

University

15 Qs

CCUK - Introduction to Business Test

CCUK - Introduction to Business Test

University

20 Qs

inflation theme 2 edexcel

inflation theme 2 edexcel

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Luke Murdoch

Used 3+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

17 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Inflation is defined as a __________ rise in the general price level

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following types of inflation is caused by increasing consumer spending?

Demand-pull

cost-push

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost push inflation is shown on an AD/AS diagram with a shift _____ in the ______

left, AD

Left, AS

Right, AD

Right, AS

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are measurements of inflation?

CPI

RPI

KPI

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are not true about the process used to calculate the CPI

it includes both goods and services

prices are collected from a range of outlets

goods/services are weighted according to the frequency they are purchased

it doesn't include mortgage interest payments and council tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The costs involved in moving money around to find the best interest rate are...

a fall in the value of money

menu costs

shoeleather costs

a loss of international competitiveness

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If economic growth is 5% and inflation is 3.8%, by how much has the economy grown in real terms?

8.8%

5%

3.8%

1.2%

-1.2%

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?