Inflation Control Quizzes, Questions & Answers

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Inflation is the increase in the prices of goods; stagflation is inflation accompanied by slow growth. Take this informative quiz which contains questions and answers on the topic of inflation and stagflation. If you have an...

Questions: 10  |  Attempts: 60   |  Last updated: Oct 16, 2025
  • Sample Question
    High inflation level leads to 
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This quiz titled 'E for F&B Chap3: INFLATION' explores key concepts related to inflation in economics. It assesses understanding of causes, effects, and specific types of inflation, highlighting its impact on debtors, price...

Questions: 30  |  Attempts: 79   |  Last updated: Apr 10, 2025
  • Sample Question
    A cause of inflation is:
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Inflation is the state in which a given country's currency loses its values as common commodities rise. There are four types of inflation, which include creeping, walking, galloping, and hyperinflation. The difference comes...

Questions: 31  |  Attempts: 680   |  Last updated: Mar 22, 2025
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    Inflation occurs when aggregate supply is ___
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Inflation in economic terms is the rate in which the prices of daily goods increase. The increased rate puts weight in a country's economy up to a point where its currency does not have value. This quiz gives you a chance...

Questions: 30  |  Attempts: 309   |  Last updated: Mar 21, 2025
  • Sample Question
    What is the definition of inflation?
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This Inflation - Practice Quiz assesses understanding of inflation dynamics, including demand-pull and cost-push inflation, and the role of monetary policy. It evaluates the learner's ability to interpret economic graphs and...

Questions: 6  |  Attempts: 766   |  Last updated: Mar 22, 2025
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    Refer 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
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