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Price stability 2

Authored by Maya Kharishma

Social Studies

11th Grade

Used 3+ times

Price stability 2
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group is most likely to suffer during high inflation?

borrowers

importers

producers

fixed wages earners

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The macroeconomic objective of price stability means an inflation rate of?

0%

1%

2% - 3%

4%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might AD increase when a country's price level falls?

Domestic interest rates will tend to fall

Imports become more price competitive

Real incomes fall

The purchasing power of savings falls

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which approach would a government be most likely to use to eliminate deflation?

an increase in direct taxes

an increase in interest rates

a reduction in indirect taxes

a reduction in its budget surplus

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Items included in the regimen are based on a survey of spending patterns of which group?

pensioners

metropolitan employees

self-employed

all answers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

CPI stands for .....

Costumer Price Inflation

Costumer Price Index

Costumer Price Indicator

Costumer Price Image

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation is a sustained rise in....

prices

costs

general prices

spending

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