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Inflation - Short Quiz

Bethan Gale 5 questions

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Questions in this quiz (5)

  1. 1Inflation is the tendency of prices to rise persistently (eg for more than two quarters)
    1. ATrue
    2. BFalse
  2. 2How is inflation currently measured?
    1. ACPI
    2. BRPI
    3. CRPIX
    4. DRPIY
  3. 3How is CPI constructed?
    1. ALiving costs survey
    2. BProportion of income used to weigh catagories
    3. CMortgage interest payments
    4. DAmount of indirect tax
    5. EIncrease in index is the percentage of inflation
  4. 4VAT distorts CPI
    1. ATrue
    2. BFalse
  5. 5Mortgage interest payments are included in CPI
    1. ATrue
    2. BFalse

Information

Description
A level Economics (Macro Economics) Quiz on Inflation - Short Quiz, created by Bethan Gale on 19/04/2015.
Language
English
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