How Is "Transitory" Inflation Going?: Unemployment And Inflation

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Business
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7th - 12th Grade
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of the Consumer Price Index (CPI)?
To assess government spending
To measure consumer spending on goods and services
To track stock market performance
To evaluate corporate profits
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are investors paying higher prices for stocks despite lower profits?
Because of high interest rates
Due to a decrease in stock supply
Due to a lack of investment alternatives
Because of increased government taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has contributed to the significant price inflation in luxury items?
Government subsidies
The shopping spree of wealthy individuals
A rise in consumer demand
Increased production costs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the pandemic affected housing prices?
They have decreased due to low demand
They have remained stable
They have increased dramatically
They have fluctuated unpredictably
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major concern regarding the rise in property prices?
It reduces the availability of rental properties
It widens the wealth gap between homeowners and renters
It decreases the value of rental properties
It leads to higher taxes for property owners
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What caused the spike in the US household saving rate during the pandemic?
A rise in consumer confidence
Fear of job loss and government stimulus
Higher interest rates on savings
Increased job security
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did many people retire during the pandemic?
Because of mandatory retirement policies
To avoid exposure to COVID-19 and due to increased savings
Because of increased retirement benefits
Due to a lack of job opportunities
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