What causes the temporary rise in inflation at the beginning of the year?
Fed's Powell Says Uptick in Inflation This Year Won't Persist

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Supply chain disruptions
Increased consumer spending
Base effects from previous low readings
Government policy changes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might happen as the economy reopens and vaccinations continue?
A reduction in economic activity
A permanent increase in inflation
A decrease in consumer spending
A surge in spending and potential bottlenecks
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of the temporary price increases on long-term inflation?
They will cause a permanent rise in inflation
They will lead to deflation
They will have a large and lasting effect
They will be neither large nor persistent
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been the global trend in inflation over the past quarter-century?
Volatile inflation rates
Strong disinflationary pressures
Stable inflation rates
Strong inflationary pressures
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the commitment regarding inflation expectations?
To keep them anchored at 3%
To let them fluctuate with market trends
To maintain them at 2%
To increase them gradually
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