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Inflation & Unemployment Quiz

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Inflation & unemployment basics

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Inflation & Unemployment Quiz
 

Inflation & Unemployment QuizOnline version

Inflation & unemployment basics

by Ariana Berenice Tenorio
1

What is inflation as defined in the material?

2

Which factor is NOT listed as influencing prices in the document?

3

Which type of inflation corresponds to prices rising more than 100% quickly?

4

Which type of inflation increases prices moderately, with a smaller impact on the currency's value?

5

What does the document use to measure inflation over changeable prices?

6

What is the term for the population actively seeking work?

7

Which concept relates inflation and unemployment in a visible graph?

8

Which group is described as the people not in the labor force by default in the document?

9

Which factor is listed under macroeconomic influences on prices?

10

What is a primary indicator of a country under economic crisis according to the material?

Feedback

Inflation is described as the general rise in prices across the economy.

The slide covers micro/macroeconomic factors and external factors, not endorsements.

Hyperinflation is defined as prices increasing above 100% rapidly.

Galopante inflation is described as a strong but not hyper level increase.

Inflation measurement involves prices of goods and services that change over time.

PEA refers to those economically active, per the material.

The Phillips Curve shows the relationship between inflation and unemployment.

Inactivos are those not participating in the labor force.

Expectations are identified among macroeconomic factors affecting inflation.

Hyperinflation is highlighted as a sign of crisis when prices surge beyond 100% quickly.

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