what year was that
what was the inflation rate in 2018
(you need to be within 1% of the answer)
2.1%
What % of Americans rate the economic conditions in the U.S. negatively(need to be within 15%)
76 percent of Americans rate economic conditions in the U.S. negatively
What is inflation?
Inflation is the rate of which prices increase over a period of time.
what was the inflation rate in 2022
(you need to be within 1% of the answer)
9%
according to most traditional indicators the U.S. economy is what?
on track to a post-pandemic recovery/ recovering/doing well
Inflationary oil supply shocks tends to hurt who more?
Inflationary oil supply shocks tend to hurt the least affluent by more than the most affluent.
what was the inflation rate in 2023
(you need to be within 1% of the answer)
4.12%
What is the main reason why Americans feel that inflation is more out of hand than it is
Consumers are paying a lot more for groceries and eating out since the pandemic/ food prices
Inflationary monetary shocks tends to hurt who the most?
Inflationary monetary shocks hurts the most affluent more than the least affluent.
what was the inflation rate in 2024
(you need to be within 1% of the answer)
2.6%
according to the opinion of some economist what is the likelihood that there will be a recession in the incoming years(need to be within 5%)
50 percent or higher
(TRUE OR FALSE)
The impact of inflation depends on what’s causing it.
TRUE
what was the total inflation amount from 2018 to 2024
(you need to be within 3% of the answer)
22.90%
What are the 3 major things that caused people to think inflation is worse than it is?
increase in the price of food, housing, and gasoline
(Double jeopardy)
Is the current inflation in the U.S regressive or progressive?
Regressive