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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is price stability?
💡 Hint: Think about how prices would behave over time.
Question 2
Easy
What is the CPI?
💡 Hint: Consider what the 'basket of goods' might mean.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does price stability aim to achieve?
- High inflation
- Low inflation
- Variable inflation
💡 Hint: Consider what stability means in economic terms.
Question 2
True or False: CPI is used to measure inflation.
- True
- False
💡 Hint: Think about the purpose of the CPI.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Evaluate how price instability could impact a small business's ability to plan for the future.
💡 Hint: Consider what happens to demand if prices are erratic.
Question 2
Discuss the potential consequences of achieving 0% inflation for the economy.
💡 Hint: Think about the Incentive to spend when prices are constant.
Challenge and get performance evaluation