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1102E - CHAPTER 4 - INFLATION

Authored by Quang Nguyễn

Social Studies

University

Used 41+ times

1102E - CHAPTER 4 - INFLATION
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation is an increase in

the price of one item.
the overall price level.
the average income level.
real gross national product.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Deflation is a decrease in

the price of one item.
the overall price level.
the average income level.
real gross national product.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Suppose 2006 is the base year. CPI in 2006 is

1,000.
100.
10,000.
10

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

If 2006 is the base year, CPI in 2005 is

96.0.
104.0.
111.9.
89.3.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

If 2006 is the base year, CPI in 2007 is

93.9.
106.1.
94.2.
105.8.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

If 2006 is the base year, CPI in 2008 is

81.2.
118.8.
123.2.
86.8.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

If 2006 is the base year, the inflation rate between 2006 and 2007 is

3.9%.
10.2%.
7.4%.
6.1%.

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