This quiz will assess your applied understanding of the concept of inflation and the validity of the CPI as a measure of inflation.
Deflation
Cost-push inflation
Demand-pull inflation
Market forces
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Destabilization
Hyperinflation
Deflation
Consumer unrest
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War or its aftermath
Rising output in the economy
The hoarding of goods and speculation
A halt to the use of money as both a medium of exchange and a standard of value
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