Economic Terminology Quiz

Inflation Easing

• Inflation describes a rising price of goods and services.
• Easing inflation means that the rate of price increase is decreasing.
• This provides relief to consumers.

Global Outlook

• A rosy global outlook is a positive perspective on future economic conditions worldwide.
• Economists predict growth in major markets next year.

Stock Market Rally

• A stock market rally is a significant increase in stock prices.
• Recent rallies have increased investor confidence.

Emblematic

• Emblematic describes something that acts as a symbol or representation.
• A skyscraper can be emblematic of growth and modern architecture.

Woes

• Woes refer to problems or difficulties.
• Company woes can lead to layoffs and restructuring.

Buoyed by

• Buoyed by means supported or uplifted by something.
• A team can be buoyed by a victory.

On Track To

• On track to means moving towards an expected outcome.
• Projects can be on track for completion by a date.

Elsewhere

• Elsewhere means in a different place or context
• Other countries might face economic challenges elsewhere in the world.

Underwhelming

• Underwhelming means failing to impress or meet expectations.
• Product launches can be underwhelming.

Hampered by

• Hampered by means hindered or obstructed by something.
• Severe weather can hamper construction.

Sluggish

• Sluggish means slow-moving or lacking energy.
• Sluggish economies can decrease consumer spending.

Meagre

• Meagre means insufficient or lacking in quantity or quality.
• Workers might protest against meagre compensation.

To Shrug Off

• To shrug off something means to dismiss or ignore it.
• Ignoring the criticism allows an individual to focus on their tasks.

Unwinding of the Yen

• Unwinding of the yen describes the drop or stabilization of the Japanese yen's value.
• Analysts closely monitor yen fluctuations for global trade impacts.

Lofty

• Lofty describes something very high or elevated.
• Lofty charitable goals are high aspirations.

Middling

• Middling describes something of average quality, neither good nor bad.
• Middling reviews indicate a film did not impress critics.

In the Wake of

• In the wake of means following or as a result of something, referring to consequences.
• Resignations might occur after a scandal.

Autogolpe

• Autogolpe refers to a self-coup, an unlawful attempt to consolidate power.
• These actions undermine democratic processes.

Test your knowledge on key economic terms such as inflation, stock market rallies, and global outlook. This quiz will help you understand significant concepts that affect financial markets and consumer behavior. Ideal for students and enthusiasts of economics.