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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the relationship between higher income and demand?
💡 Hint: Think about how people act when they have more money.
Question 2
Easy
What does population growth mean for market demand?
💡 Hint: Consider how more people mean more needs.
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 is demand-pull inflation?
- Inflation caused by rising production costs
- Inflation caused by increased demand
- Inflation with no clear cause
💡 Hint: Recall what happens when demand exceeds supply.
Question 2
True or False: Higher incomes can lead to an increase in demand.
- True
- False
💡 Hint: Consider how spending habits change with income.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Evaluate the effects of a significant rise in government-funded infrastructure projects on local economies. Discuss both opportunities and risks.
💡 Hint: Reflect on how investments can have mixed outcomes.
Question 2
Assess the potential impact of a global pandemic on demand in various sectors. Identify which sectors may benefit and which may struggle.
💡 Hint: Consider how consumer behavior changes during crises.
Challenge and get performance evaluation