Cost Push Inflation Quizzes, Questions & Answers

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Top Trending Cost Push Inflation Quizzes

This Macroeconomics quiz covers fundamental concepts such as inflation causes, hyperinflation, money value, money demand, and the quantity theory of money. It assesses understanding of how economic variables interact, crucial for...

Questions: 20 | Attempts: 1784 | Last updated: Aug 22, 2025

Sample Question 1
In the long run, inflation is caused by

Bands that have market power and refuse to lend money.

Governments that raise taxes so high that it increases the cost of doing business and, hence, raises prices.

Governments that print too much money

Increases in the price of inputs, such as labor and oil

None of the above

Sample Question 2
When prices rise at an extraordinarily high rate, it is called

Inflation

Hyperinflation

Deflation

Hypoinflation

Disinflation

Sample Question 3
If the price level doubles,

The quantity demanded of money falls by half

The money supply has been cut by half

Nominal income is unaffected

The value of money has been cut by half

None of the above

Recent Cost Push Inflation Quizzes

Quiz 2- Whatever Happened To Penny Candy? Pgs. 18-42

Quiz 2- Whatever Happened to Penny Candy? Pgs. 18-42

Quiz 2 covers 'Whatever Happened to Penny Candy?' from pages 18-42, focusing on economic concepts like inflation, coin clipping, and the TANSTAAFL principle. This quiz assesses understanding of historical economic practices and...

Questions: 10 | Attempts: 143 | Last updated: May 21, 2025

Sample Question
A token is a disk of precious metal, like gold or silver.

True

False

(7.) Economics Hl. Macroeconomics, Definitions.

(7.) Economics HL. Macroeconomics, definitions.

IB Economics HL. Definitions QUIZ. Section 3. Macroeconomics. Inflation, unemployment, income distribution.

Questions: 23 | Attempts: 326 | Last updated: Mar 22, 2025

Sample Question
"Inflation that occurs as a result of an increase in costs of production" What kind of inflation is this?

Demand-pull inflation

Cost-push inflation

Stagflation