Inflation in Venezuela
Inflation in Venezuela is so bad that they call it what?
a) Hyperinflation
b) Big inflation
c) Deflation
Hyperinflation
Which event caused hyperinflation?
a) 1969 Presidential Election
b) WWI/WWII
c) Declaration of Independence
d) Civil Rights Act
WWI/WWII
100 dollars in 1913, is worth how much today?
a)$2500
b)$2600
c)$2700
d)$2770
$2770
When can inflation occur?
Prices rise due to increases in production costs
When did Venezuela's inflation rate rise 1 million percent?
a) 2015-2016
b) 2016-2017
c) 2017-2018
d) 2018-2019
2018-2019
When a war happens does inflation usually rise?
a)Yes
b)No
Yes
What is an inflation calculator?
What is Inflation?
Inflation is the persistent rise of price for goods and services.
A general increase in prices and fall in the purchasing value of money.
When did Hyperinflation start in Venezuela?
a) 2015
b) 2016
c) 2017
d) 2018
2016
When was US inflation at its lowest?
a) 1920s
b) 1930s
c) 1940s
d) 1950s
1930s
1 dollar in 1913, is worth how much today?
a)27.81
b)27.71
c)27.61
d)27.51
27.71
How much is inflation supposed to rise each year?
a)0%
b)1%
c)2%
d)3%
2%
Since 2016, the overall inflation rate has increased to...
a) 54,000,000%
b) 250,000%
c) 23,000,000%
d) 36,000,000%
54,000,000%
In the US, 1946, $100 is worth how much today?
a) $1,400
b) $1,460,000
c) $2,000,000
d) $1,000,000
$1,400
The usinflationcalculator calculates from which years?
a)1900-2021
b)1800-2021
c)1913-2021
d)1813-2021
1913-2021
When did inflation start in the US?
a)1913
b)1914
c)1915
d)1916
What is 1 cause of Inflation?
Devaluation
Rising wages
Increased money supply
Cost-push inflation
Demand-pull inflation
What was inflation rate did Venezuela reach in 2016?
a) 274%
b) 863%
c) 300%
d) 190%
274%
What was the highest inflation rate in the US?
a) 20%
b) 24%
c) 25%
d) 27%
24%
In Venezuela, 1980, $100 is worth how much today?
a)$20,000,000
b)$12,500,000,000,000,000
c)$26,000,000,000,000
d)$13,000,000,000
$12,500,000,000,000,000
Inflation rate in the United States averaged...
a)3.25%
b)3.24%
c)3.23%
d)3.22%
3.24%
What is the current inflation rate?
a)1.65%
b)1.66%
c)1.67%
d)1.68%
1.68%