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 upcoming economics exam or want to enhance your knowledge about the topic, then this is the quiz for you. This quiz will test your See moreunderstanding and will also provide you with valuable learnings. So, play this quiz and see where you stand. All the best!
Stagflation
Core inlfation
Deflation
Skewflation
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Increases borrwoings
Increase government spending
Cuts in government spending
None of the above
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Cost-push inflation
Demand-pull inflation
Deflation
None of the above
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Real GDP < Potential GDP
Real GDP > Potential GDP
Real GDP = Potential GDP
Unemployment rate > natural rate of unemployment
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Unemployment rate > natural rate of unemployment
Real GDP < Potential GDP
Real GDP > Potential GDP
Real GDP = Potential GDP
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Deflation
Core inflation
Stagflation
Headline inflation
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Depreciation
Inflation
Devaluation
Deflation
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Directly proportional with price level
Inversely proportional with the price level
Stable with price level
None of the above
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Labor class
Unemployed class
Business class
Women
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