5 Questions
Which of the following is a cause of inflation?
Increase the costs of productivity
Which of the following is a characteristic of deflation?
Increasing purchasing power of money
What is the Consumer Price Index (CPI) used for?
Calculating inflation
What is a normal-year?
A year without any wars
Which of the following is considered a hard currency?
Dollar
Test your knowledge on inflation and deflation with this quiz! Learn about the causes and effects of both inflation and deflation, as well as how to calculate inflation. Challenge yourself and become an expert on these important economic concepts.
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