8/11/2020 Assessment Test Week 6 (ECO 2)

Assessment Test Week 6 (ECO 2)

Money Growth and Inflation Rate
* Required

1. Email address *

2. Money is the set of Assets in an Economy that People regularly use to buy 1 point

goods and services from other people. *

Mark only one oval.

True

False

3. TRAIN Law makes tax breaks that may lead to inflation * 1 point

Mark only one oval.

True

False

4. Government may cause inflation by Printing Money * 1 point

Mark only one oval.

True

False

https://docs.google.com/forms/d/1HP0BbyyDOpwxXZyRYXn205Ac5xqpDHL1VweeRXnHBV0/edit 1/3
8/11/2020 Assessment Test Week 6 (ECO 2)

5. A Bit of Inflation Can Grow the economy * 1 point

Mark only one oval.

True

False

6. Anything Which Increases Inflation is always an Issue and must be avoided at 1 point

all cost *

Mark only one oval.

True

False

7. Cost Push Inflation may happened when there are increase in Input such as 1 point
labor, raw materials,rent, etc. *

Mark only one oval.

True

False

8. Demand Inflation happens when Supply cannot keep up with Demand * 1 point

Mark only one oval.

True

False

https://docs.google.com/forms/d/1HP0BbyyDOpwxXZyRYXn205Ac5xqpDHL1VweeRXnHBV0/edit 2/3
8/11/2020 Assessment Test Week 6 (ECO 2)

9. Inflation is Bad for Savings * 1 point

Mark only one oval.

True

False

10. Low Inflation is hard to achieve due to its many factors * 1 point

Mark only one oval.

True

False

11. Inflation means decrease of your purchasing power * 1 point

Mark only one oval.

True

False

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 Forms

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