Understanding Turkey's Inflation Quiz

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Understanding Turkey's Inflation: a General level Economics quiz. Test your knowledge with 15 questions!
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Questions

Question 1
What is the primary indicator of price increases in an economy?
A Unemployment
B GDP growth
C Trade balance
D Inflation
Question 2
Which of these is a common cause of high inflation?
A Stable currency
B Too much savings
C Excessive money supply
D Low government debt
Question 3
What does a devaluing currency do to import prices?
A Keeps them constant
B Eliminates them
C Increases them
D Lowers them
Question 4
Structural problems in an economy often relate to?
A Deep-rooted production inefficiencies
B Temporary weather patterns
C Daily stock market shifts
D Social media trends
Question 5
High inflation reduces the ________ of money.
A Weight
B Purchasing power
C Color
D Physical size

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