3 Questions
What is the main cause of demand-pull inflation?
Increase in government spending on infrastructure projects
Which factor is most likely to contribute to cost-push inflation?
Increase in wages due to strong labor union negotiations
What effect does hyperinflation have on the economy?
Reduces the real value of money and savings
Test your knowledge of inflation with this multiple-choice quiz. Explore the causes of demand-pull and cost-push inflation and the impact of hyperinflation on the economy.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
