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Inflation Quiz 5 (25 MCQs)

Quiz Instructions:

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1. Distinction on ex post and ex ante interest rate incorporates into the Fisher effect:
2. Monetary inflation occurring at a very high rate.
3. The government is thinking about freezing the wages of workers. This measure would best reduce:
4. The amount of money generated by an investment before expenses.
5. In the Quantity Equation V=(PxY)/M, V is stand for
6. Inflation caused by an increase in consumption would be classified as..
7. Advertisement and product labels provides the consumer with the right to _____
8. What are the two types of inflation
9. Which of the following is not a form of redress?
10. Philippine inflation rate decreased to _____ in February from 4.4% in the previous month of this year.
11. Measuring the level of prices in the economy and comparing them to previous months, an inflation measure known as the:
12. In state Z, prices for goods and services have been rising by 60-70% per month for six months. What kind of inflation is observed in state Z?
13. If the CPI is 105 in 2006 and 115 in 2007, what is the inflation rate during that time?
14. The owner of a restaurant spends an extra two hours a week creating and updating coupons.
15. If nominal output is $ 100 billion dollars while real output is $ 90 billion dollars then the GDP deflator (Price Index) is
16. What is the most likely cause of cost-push inflation in an economy? OCT/NOV 2015 11
17. Which of the following interest rates is expressed in terms of current prices (this years prices)
18. This spring, inflation in the U.S. reached a _____
19. When you borrow $ from the bank, where does that $ come from?
20. When demand for a product increases, this will also cause an increase in price. This is called:
21. Mrs. Askew's family is going on vacation this summer, so they should stick to a _____ to save money.
22. If the inflation rate is more than 50% per month it is
23. What will be reduced by half if the price level increases by 2 times?
24. Inflation is measured by using what is called
25. It is October, and Seth is laid off from work because he is a life guard at the local water park which is now closing until next May. He is experiencing what kind of unemployment?
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