
PE Chapter30
Quiz
•
Computers
•
University
•
Practice Problem
•
Hard
Nguyễn Hoàng Vương
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114 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Over the past 80 years, prices in the U.S. have risen on average about
A. 2 percent per year.
B. 4 percent per year.
C. 3.6 percent per year.
D. 6 percent per year.
A
B
C
D
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inflation can be measured by the
A. change in the consumer price index.
B. percentage change in the consumer price index.
C. percentage change in the price of a specific commodity.
D. change in the price of a specific commodity.
A
B
C
D
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which of the following cases was the inflation rate 12 percent over the last year?
One year ago the price index had a value of 110 and now it has a value of 120.
One year ago the price index had a value of 120 and now it has a value of 132.
One year ago the price index had a value of 134 and now it has a value of 150.
One year ago the price index had a value of 145 and now it has a value of 163.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the price level increased from 200 to 250, then what was the inflation rate?
A. 50 percent
B. 25 percent
C. 20 percent
D. None of the above is correct.
A
B
C
D
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Deflation
increases incomes and enhances the ability of debtors to pay off their debts.
increases incomes and reduces the ability of debtors to pay off their debts.
decreases incomes and enhances the ability of debtors to pay off their debts.
decreases incomes and reduces the ability of debtors to pay off their debts.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The term hyperinflation refers to
A. the spread of inflation from one country to others.
B. a decrease in the inflation rate.
C. a period of very high inflation.
D. inflation accompanied by a recession.
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There was hyperinflation during the
A. period 1880-1896 in the United States.
B. 1970s in the United States.
C. early part of the current century in Zimbabwe.
D. All of the above are correct.
A
B
C
D
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