Inflation

Inflation

Assessment

Flashcard

Business

9th Grade

Hard

Created by

Wayground Content

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

What do we call it when people want to buy a certain thing?

Back

Demand

2.

FLASHCARD QUESTION

Front

What do we call something that people sell?

Back

Goods/ services/products

3.

FLASHCARD QUESTION

Front

What is another term for the thing that people want to buy?

Back

supply

4.

FLASHCARD QUESTION

Front

If there is more demand than there is supply, what will happen?

Back

The product/goods becomes more expensive.

5.

FLASHCARD QUESTION

Front

If there is more supply than there is demand--what can happen?

Back

The product can become cheaper/less expensive.

6.

FLASHCARD QUESTION

Front

What happens when there is too much money and too few goods/products?

Back

inflation

7.

FLASHCARD QUESTION

Front

Inflation happened to this burger. How did inflation affect it?

Back

The cheeseburger got smaller.

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