Inflation

Front

When inflation is high the _______________ of the dollar decreases

Back

purchasing power

Front

What is inflation?

Back

rise in general prices

Front

Most countries try to maintain an inflation rate of ______ per year.

Back

Two to three percent

Front

The _______ measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Back

Consumer price index

Front

What is inflation?

Back

An increase in the general price level of goods and services

Front

In ________ inflation prices rise about 2% annually.

Back

Creeping

Front

_____________ inflation is regarded as safe and essential for Economic Growth.

Back

Creeping

Front

________ inflation brings a total collapse of the Economy.

Back

Galloping

Front

In _________ Inflation prices rise very fast at double or triple rate.

Back

Hyper

Front

In walking Inflation price rise is between 2 to 10% annually.

Back

False