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The Inflation Quiz: Economics Trivia!

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: 307 | Last updated: Mar 21, 2023

Sample Question
What is the definition of inflation?

A. A kind of statistics which shows the changes in the prices of commonly bought goods and services from one year to another.

B. An amount of value which represents the total spending of the year.

C. A rise in the average prices of most goods and services in one year as compared to those in the previous year

D. A fall in the average prices of most goods and services in one year as compared to those in the previous year.

9th Grade Inflation Quizzes, Questions & Answers

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