Inflation and Deflation
Description: Inflation and Deflation Quiz | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: economics economic stability inflation deflation |
What is the term used to describe a sustained increase in the general price level of goods and services in an economy?
What is the opposite of inflation?
What is the term used to describe a period of rapid and extreme inflation?
What is the term used to describe a period of falling prices and economic contraction?
Which of the following is a common cause of inflation?
Which of the following is a common cause of deflation?
What is the primary role of a central bank in managing inflation?
What is the primary role of a central bank in managing deflation?
What are some of the potential consequences of inflation?
What are some of the potential consequences of deflation?
Which of the following is a common policy tool used to combat inflation?
Which of the following is a common policy tool used to combat deflation?
What is the term used to describe a period of relatively stable prices?
What is the term used to describe a period of high inflation accompanied by high unemployment?
Which of the following is NOT a potential consequence of inflation?