Inflation - Short Quiz

Descrição

A level Economics (Macro Economics) Quiz sobre Inflation - Short Quiz, criado por Bethan Gale em 19-04-2015.
Bethan Gale
Quiz por Bethan Gale, atualizado more than 1 year ago
Bethan Gale
Criado por Bethan Gale mais de 9 anos atrás
40
1

Resumo de Recurso

Questão 1

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

Questão 2

Questão
How is inflation currently measured?
Responda
  • CPI
  • RPI
  • RPIX
  • RPIY

Questão 3

Questão
How is CPI constructed?
Responda
  • 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

Questão 4

Questão
VAT distorts CPI
Responda
  • True
  • False

Questão 5

Questão
Mortgage interest payments are included in CPI
Responda
  • True
  • False

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