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A drought sweeps across the United States and wheat crops dry up everywhere. What would happen to the supply of wheat?
decrease
increase
increase
decrease
increase
rise
A little inflation every year is good because it helps advance an economy.
very low
Thinking back to the picture of the children playing with the money after WWI. What is the perceived value of the German currency?
decrease
increase
increase
decrease
increase
rise
A little inflation every year is good because it helps advance an economy.
very low
The Minnesota Vikings win the Super Bowl (I can dream right)? What would happen to the demand for Vikings apperal?
decrease
increase
increase
decrease
increase
rise
A little inflation every year is good because it helps advance an economy.
very low
Choose the best answer about inflation.
decrease
increase
increase
decrease
increase
rise
A little inflation every year is good because it helps advance an economy.
very low
It is common practice for teams who win championships to have custom t-shirts made to celebrate the occasion. Understanding that the demand for these shirts would increase; what will happen to the price of the shirts?
decrease
increase
increase
decrease
increase
rise
A little inflation every year is good because it helps advance an economy.
very low
If the demand for an item remains the same, but the price drops; what will happen to the price?
decrease
increase
increase
decrease
increase
rise
A little inflation every year is good because it helps advance an economy.
very low
Inflation causes the cost of things to...
decrease
increase
increase
decrease
increase
rise
A little inflation every year is good because it helps advance an economy.
very low
The demand for milk greatly increases. What will happen to the quantity offered?
decrease
increase
increase
decrease
increase
rise
A little inflation every year is good because it helps advance an economy.
very low
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