3. Macroeconomics
Inflation — Quiz
Test your understanding of inflation with 5 practice questions.
Practice Questions
Question 1
What is inflation?
Question 2
Which measure is commonly used to calculate inflation in many economies?
Question 3
If the $CPI$ rises from $100$ to $104$, what is the inflation rate?
Question 4
What is deflation?
Question 5
Which situation is most likely to cause demand-pull inflation?