Financial Literacy Ch 3 Vocabulary Review

Financial Literacy Ch 3 Vocabulary Review

40 Qs

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Financial Literacy Ch 3 Vocabulary Review

Financial Literacy Ch 3 Vocabulary Review

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Monica Simanella

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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the general level of prices for goods and services.

inflation
deflation
disinflation
reflation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rising prices with the rate of increase slowing down.

inflation
deflation
disinflation
reflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A decrease in the general level of prices for goods and services.

inflation
deflation
disinflation
reflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

High prices followed by lower prices and then high prices again.

inflation
deflation
disinflation
reflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A concept that says a dollar you receive in the future will be worth less than a dollar you receive in the present (today).

time value of money
GDP
productivity
inflation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of all goods and services produced in a country in a given time period.

time value of money
GDP
productivity
inflation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A measure of the efficiency with which goods and services are made.

time value of money
GDP
productivity
inflation

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