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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What are supply-side measures?
💡 Hint: Think about how increasing production affects supply.
Question 2
Easy
Name one effect of hoarding.
💡 Hint: How does excess demand affect prices?
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 a supply-side measure?
- Increasing Demand
- Increasing Supply
- Restricting Prices
💡 Hint: Remember the focus on production and availability.
Question 2
True or False: Reducing hoarding helps lower price inflation.
- True
- False
💡 Hint: Think about the impact of scarcity.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Consider a country where inflation is primarily caused by supply chain disruptions. Outline a comprehensive plan using supply-side measures to mitigate this situation.
💡 Hint: Think of both immediate and long-term solutions.
Question 2
Analyze how a government can balance between encouraging local production and relying on imports without causing inflation.
💡 Hint: Consider economic environments and the impact of trade relations.
Challenge and get performance evaluation