Inflation Quizzes & Trivia
This quiz will assess your applied understanding of the concept of inflation and the validity of the CPI as a measure of inflation.
Questions: 6 | Attempts: 45 | Last updated: Mar 7, 2013
Sample QuestionWhich is not associated with hyperinflation?
Questions: 10 | Attempts: 22 | Last updated: Apr 21, 2015
Sample QuestionWhen does inflation occur?
Questions: 6 | Attempts: 12 | Last updated: Mar 26, 2019
Sample QuestionRefer to the graph below. Assume that the economy is initially at equilibrium at point (a). If there is demand-pull inflation in the economy such that AD1 shifts to AD2 , the long-run AS curve will be
What is the difference between Inflation and Deflation?
Inflation is the process wherein the goods and the services that are available in different stores will get a boost. This means that people would need to spend more money on items that they normally purchase. Deflation means that the prices of the go