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Questions and Answers
What has been the most significant impact of the Eurozone's high inflation rate?
What has been the most significant impact of the Eurozone's high inflation rate?
- Increased consumer spending
- Increased financing costs (correct)
- Improved acceptance policy
- Decreased consumer spending
How has Alma responded to the increased inflation?
How has Alma responded to the increased inflation?
- Increased financing costs
- Cut back on spending
- Adapted its acceptance policy (correct)
- Increased consumer spending
What is the highest inflation rate ever recorded in the Eurozone?
What is the highest inflation rate ever recorded in the Eurozone?
- 6.5%
- 7.2%
- 8.6% (correct)
- 9.1%
Study Notes
- Inflation in the Eurozone reached 8.6% in June 2022, its highest level ever recorded.
- This has had a significant impact on our financing costs, which have increased significantly.
- On the consumer side, consumers are forced to cut back on their spending due to the increased inflation.
- Alma is struggling to cope with the increased inflation, and has adapted its acceptance policy to reflect this new macro-economic context.
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