Shopping images and graphics represent inflation.

Shopping images and graphics represent inflation.

Assessment

Interactive Video

History

University

Hard

Created by

Wayground Content

FREE Resource

The video tutorial explains how injecting money into the economy can stimulate growth. However, if too much money is introduced, it can lead to inflation, where too many dollars chase too few goods and services, causing prices to rise.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What happens when too much money enters the economic system?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the relationship between money supply and goods in the economy.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the consequence of too many dollars chasing too few goods?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Define inflation in the context of the economy.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How can stimulating the economy lead to inflation?

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