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Questions and Answers
What are the 3 factors that can cause inflation?
What are the 3 factors that can cause inflation?
Money supply, exchange rate, and unemployment.
What is inflation?
What is inflation?
Inflation is when the price of goods and services increases over a period of time.
Define unemployment.
Define unemployment.
Unemployment refers to people who are employable and who are searching for a career but are unable to find any.
What is the economic impact when inflation rises?
What is the economic impact when inflation rises?
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How many types of unemployment are mentioned in the text?
How many types of unemployment are mentioned in the text?
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