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Economics - Pathways
Inflation and Stagflation — Unit test
Question 24
24
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Inflation and Stagflation — Unit test
Question 24 of 25 • Economics - Pathways
What are the signs of high inflation? Check all that apply.Production begins to fall.Production begins to rise.Interest rates decrease.Interest rates increase.Purchasing power falls.Fewer fixed rate bank loans.
Answer
A
Production begins to fall.
B
Production begins to rise.
C
Interest rates decrease.
D
Interest rates increase.
E
Purchasing power falls.
F
Fewer fixed rate bank loans.
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