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Quiz on Inflation and Purchasing Power

Quiz on Inflation and Purchasing Power

Assessment

Passage

Financial Education

11th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the reasons why prices rise?

Decrease in production costs

Increase in production costs

Decrease in demand

Decrease in money supply

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the accumulated price increase for beans in the period from 10/2021 to 10/2022?

10.18%

14.69%

19.8%

26.6%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In January 2022, what was the new minimum wage after a 10.18% adjustment?

R$ 1,100.00

R$ 1,320.00

R$ 1,212.00

R$ 1,500.00

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean when the price increase of a product is higher than the salary adjustment?

The purchasing power remains the same

The purchasing power is reduced

The purchasing power is unaffected

The purchasing power is improved

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the minimum wage in 2021 was spent on buying a package of beans?

0.71%

1.23%

2.45%

3.67%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the inflation rate in November 2023 according to the IBGE?

33.2%

19.1%

10.38%

0.28%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula to calculate real profitability considering a return rate (N) and inflation rate (i)?

(1 + N) = (1 + R) x (1 + i)

(1 + N) = (1 - R) x (1 - i)

(1 - N) = (1 + R) x (1 + i)

(1 - N) = (1 - R) x (1 - i)

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