What was the annual inflation rate in February, and how does it compare historically?
U.S. Inflation Climbs to 40-Year High at 7.9% in February

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Business, Social Studies
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7.9%, the highest since January 1982
6.4%, the highest since January 1982
7.9%, the highest since January 1990
6.4%, the highest since January 1990
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which event in February is not fully reflected in the inflation data?
The end of the COVID lockdowns
The start of the COVID-19 pandemic
The U.S. presidential election
The beginning of the war in Ukraine
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which two categories were major contributors to the inflation increase?
Gasoline and food prices
Housing and healthcare costs
Travel and entertainment costs
Technology and education expenses
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What unusual trend was observed in the used car market?
Prices remained stable
Prices decreased by 2/10 of a percent
Prices increased by 1%
Prices increased by 2/10 of a percent
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the increase in service prices suggest?
A decrease in consumer demand
An increase in service price pressures
A stabilization of the economy
A decrease in inflation
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