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QUIZ HOW MUCH DO YOU KNOW

Sofia Landa

Created on May 8, 2023

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Transcript

How much do you know about

inflation?

start

Question 1 of 5

Inflation measures price increases in goods and services over time

True

False

Question 1 of 5

right!

next

Question 2 of 5

Inflation can be measured by an increase in the cost of one product or service

False

True

Question 2 of 5

RIGHT!

NEXT

Question 3 of 5

When inflation is high, the Central Bank typically lowers interest rates

Right

False

Question 3 of 5

RIGHT!

NEXT

Question 4 of 5

Inflation that is too low can weaken the economy

True

False

Question 4 of 5

RIGHT!

NEXT

Question 5 of 5

Suppose the prices of things you buy double over the next 10 years. If your income also doubles, you will be able to buy more than you can buy today

True

False

Question 5 of 5

RIGHT!

NEXT

Results

1-2

3-4

corrects

corrects

corrects

correct

You are almost an expert, please review this last activity

Please answer this additional quiz

Please check out the lesson again here

Congratulations!! Yo are an inflation expert!!

wrong!

try again