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WorksheetsInflation
Total questions: 10
Worksheet time: 9mins
It is the continuing increase in the general price level of commodities
Inflation
HyperInflation
Cost-push
Demand-pull
This happens when sectors desire to buy products and services more than the available supply in the market
Cost-push
Demand-pull
Structural
Inflation
It happens when the workers demand for a wage increase, the employers act on it by increasing the price of the products.
Demand-push
Demand-pull
Cost-push
Cost-pull
This occurred in Germany in the 1920s and in the Philippines during Japanese occupation when the price is continuously increasing and large amount of money were needed to buy a very minimal amount of commodities
Inflation
Deflation
Hyperinflation
Structural Inflation
Every action and movement of each economic sector cause an increase in the price of commodity. What cause of Inflation pertains to this?
Cost-push
Demand-pull
Structural
Hyperinflation
From our discussion, give one example of the people who benefited from inflation
(a)
From our discussion, give one example of the people who are hurt from inflation
(a)
Compute for the CPI of 2020
64
64.50
65.50
65
Compute for the CPI of 2021
80. 71
66.57
81.57
71.57
Compute the Inflation Rate of 2021
10.18%
14.17%
24.17%
23.18%
