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Inflation and Bubbles (Crash Course)
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Avg score: 39% • Most missed: “What does the word 'real' refer to in economics when referring to a price?”
Inflation and Bubbles (Crash Course)
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17 Questions

1. What's the most common measurement for inflation?

2. Why isn't the CPI completely accurate?

3. What is a consumer basket?

4. What does CPI stand for?

5. You're lost in a forest with 2 million dollars. But you're not rich. Why?

6. What is it called when the price of one thing soars?

7. What does the word 'real' refer to in economics when referring to a price?

8. What happens when society has more money than they have goods and services?

9. What product had a major bubble in the early 2000's?

10. What country, mentioned in the video, has had a lot of inflation?

11. What is the term for the amount of stuff someone can buy with their money?

12. Supply shock causes what kind of inflation?

13. What is it called when people cause inflation because they have the money and are willing to pay more for something?

14. if a price hasn't been adjusted for inflation, what is it called?

15. To be rich, you can't just have a lot of money. What do you really need?

16. What happens to a bubble when you run out of buyers?

17. When prices go down, what happens to our purchasing power?

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