Understanding INPC and IPCA

Understanding INPC and IPCA

Assessment

Interactive Video

Business, Social Studies, Economics

7th - 12th Grade

Hard

Created by

Aiden Montgomery

FREE Resource

The video explains the INPC and IPCA indices calculated by IBGE, focusing on their purpose of measuring price variations in a consumer basket. It highlights the differences between the indices, with IPCA covering a broader population range. The video discusses the significance of IPCA as Brazil's official inflation index and its impact on economic policies. An example using chocolate illustrates how personal price indices can differ from official ones. The video also covers the historical context of IPCA, showing significant inflation changes over time. Finally, it emphasizes the importance of understanding these indices for personal financial awareness.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the acronym INPC stand for?

International Price Comparison Index

Index of National Price Changes

National Consumer Price Index

National Inflation Price Index

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of both INPC and IPCA?

To calculate the national GDP

To track the stock market performance

To measure the variation in the cost of living

To monitor employment rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Pesquisa de Orçamentos Familiares (POF)?

A research on international trade

A report on national GDP

A study to measure family budgets and consumption

A survey to track employment rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term 'Amplo' signify in IPCA?

It tracks only urban areas

It focuses on luxury goods

It measures international prices

It includes a broader segment of the population

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which income range does IPCA cover?

1 to 5 minimum wages

1 to 20 minimum wages

1 to 40 minimum wages

1 to 10 minimum wages

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is IPCA frequently mentioned in economic discussions?

It is the official inflation index used by the federal government

It calculates the national GDP

It tracks international trade

It measures employment rates

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many prices does the IBGE collect monthly for IPCA calculation?

Approximately 100,000

Approximately 200,000

Approximately 300,000

Approximately 430,000

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