Inflation - Short Quiz

Beschreibung

A level Economics (Macro Economics) Quiz am Inflation - Short Quiz, erstellt von Bethan Gale am 19/04/2015.
Bethan Gale
Quiz von Bethan Gale, aktualisiert more than 1 year ago
Bethan Gale
Erstellt von Bethan Gale vor mehr als 9 Jahre
40
1

Zusammenfassung der Ressource

Frage 1

Frage
Inflation is the tendency of prices to rise persistently (eg for more than two quarters)
Antworten
  • True
  • False

Frage 2

Frage
How is inflation currently measured?
Antworten
  • CPI
  • RPI
  • RPIX
  • RPIY

Frage 3

Frage
How is CPI constructed?
Antworten
  • Living costs survey
  • Proportion of income used to weigh catagories
  • Mortgage interest payments
  • Amount of indirect tax
  • Increase in index is the percentage of inflation

Frage 4

Frage
VAT distorts CPI
Antworten
  • True
  • False

Frage 5

Frage
Mortgage interest payments are included in CPI
Antworten
  • True
  • False
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