Inflation
Flashcard
•
Business
•
9th Grade
•
Hard
Wayground Content
FREE Resource
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10 questions
Show all answers
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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