Financial Math: Inflation
Hey guys! This is a quiz created by Catarina Telles about inflation. ................................................................................................................
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What is inflation?
Inflation is the equality between different prices of different things.
Inflation is the increase of the prices of things in a given period of time, it decreases the purchesing power of the people.
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What is the cause of the inflation in the US?
The lack of supermarkets
Flavinho
The huge demand on the products and the cost of production that is increasing.
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What are the three kinds of inflation?
Inflation big, inflation huge e inflation small
Flavinho's inflation, Bárbara's inflation and student's inflation
Demand-pull inflation, cost-push inflation and built-in inflation
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What are the definition of the three types of inflation? 1- Built-in 2- Cost-push 3- Demand-pull
1- Chocolate
2- Banana
1- Hamburguer
1- It is when inflation is caused when the companies raise the salaries of the employes and try to compensate it by raising the price of the products
2- Is when the prices increase and it becomes harder to produce things.
3- It is when there is a high demand for stuff and there is a very little quantity of this product.
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