Price Stability 1

Price Stability 1

11th Grade

20 Qs

quiz-placeholder

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Price Stability 1

Price Stability 1

Assessment

Quiz

Social Studies

11th Grade

Practice Problem

Medium

Created by

Maya Kharishma

Used 3+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A persistent rise in the price level within an economy over a period of time

Inflation

Price level

Deflation

Rate of Inflation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Refers to a condition of low stable inflation

Inflation

Price stability

Price Level

Deflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The average price of goods and services in an economy

Price stability

Inflation

Deflation

Price level

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the price level in an economy falls over a period of time.

Inflation

Deflation

Price level

Price Stabillity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The negative effects of deflation

Unemployment

Increasing Tax

Fiscal drag

Inflationary noise

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which One is the effect of demand pull inflation?

Strong Exchange rate

Increase government spending

AS shift to the left

Increase interest rate

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which One is the effect of Cost push inflation

reduce raw material prices

SRAS shift to the left

Decrease prices of imported raw materials

Decrease wages

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