G8 - Quiz - Tier 2 Vocab. Set 9 (I)

What is the definition of "inflation"?

• A decrease in the general price level of goods and services.

• The steady rise in the general price level of goods and services.

• A stable economic condition with no price changes.

• The exchange rate between two currencies.

What does the term "indulge" mean?

• To engage in an activity for work or obligation
• To engage in an activity for pain or suffering
• To avoid an activity for pleasure or enjoyment
• To engage in an activity for pleasure or enjoyment

How would you define an "idealist"?

• A person who has no goals or principles
• A realist who is practical and pragmatic
• Someone who is guided by high principles or goals, often with a focus on improving the world.
• Someone who is only focused on personal gain

What does "ideology" refer to?

• A system of ideas and ideals, especially one that forms the basis of economic or political theory and policy.
• A type of musical instrument
• A type of weather phenomenon
• A type of flower

How would you describe someone who is "impassive"?

• Expressing a lot of emotion
• Being very talkative
• Showing no emotion or feeling
• Always cheerful

What is the meaning of the word "ilk"?

• A type or kind of people or things
• A type of currency
• A type of fabric
• A type of milk

How would you define "insolvent"?

• Being financially stable
• Unable to pay debts or meet financial obligations
• Having a surplus of funds
• Owning a large amount of assets

What does the term "impasse" signify?

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• A type of dance
• A type of dessert
• A situation where progress is blocked or stopped
• A type of bird

What does "intransigent" mean?

• Willing to negotiate and find common ground
• Unwilling to compromise
• Flexible and open-minded
• Easily influenced and swayed

How would you define the term "inculcate"?

• To change an idea or attitude by chance
• To forget an idea or attitude
• To instill an idea, attitude, or habit by persistent instruction
• To remove an idea or attitude