Inflation Explained

Inflation Explained

6th Grade

20 Qs

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Inflation Explained

Inflation Explained

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Theresa Suchanek

Used 22+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one cause of inflation?

Increase in the money supply

Decrease in the money supply

Stable interest rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does inflation affect the purchasing power of money?

Inflation increases the purchasing power of money.

Inflation has no effect on the purchasing power of money.

Inflation decreases the purchasing power of money.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one type of inflation based on the rate of increase?

Hyperinflation

Deflation

Stagflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is inflation measured in an economy?

Stock Market Index

Consumer Price Index (CPI)

Unemployment Rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one way to control inflation?

Increase interest rates

Print more money

Reduce taxes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can you provide an example of inflation in history?

French inflation in the 1940s

Russian inflation in the 19th century

impact of COVID

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to prices during inflation?

Prices tend to rise

Prices tend to go down

Prices remain stable

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