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  • Penny Candy Quiz #8 With Answers

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    HenryDurand
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    The document is a quiz about inflation and industrial development. It contains 7 multiple choice or true/false questions about the current US federal debt, the three stages of industrial development, definitions of inflation, and how inflation can cause mistakes and economic downturns. It concludes with a bonus question asking which stage of industrial development government does not usually consider in its decision making.

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    Quiz for Whatever Happened to Penny Candy?

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    The document is a quiz about inflation and industrial development. It contains 7 multiple choice or true/false questions about the current US federal debt, the three stages of industrial development, definitions of inflation, and how inflation can cause mistakes and economic downturns. It concludes with a bonus question asking which stage of industrial development government does not usually consider in its decision making.

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    151 Ansichten1 Seite

    Penny Candy Quiz #8 With Answers

    Hochgeladen von

    HenryDurand
    The document is a quiz about inflation and industrial development. It contains 7 multiple choice or true/false questions about the current US federal debt, the three stages of industrial development, definitions of inflation, and how inflation can cause mistakes and economic downturns. It concludes with a bonus question asking which stage of industrial development government does not usually consider in its decision making.

    Copyright:

    © All Rights Reserved
    Als PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    von 1

    Whatever Happened to Penny Candy?

    Quiz #8

    1. What is the approximate current federal debt of the United States?

    21 trillion dollars

    2. What are the three stages of industrial development?

    • scientific feasibility
    • engineering feasibility
    • economic feasibility

    3. True or false: Inflation is an increase in the amount of money.

    True

    4. True or false: Inflation is rising prices.

    False

    5. True or false: Inflation causes business people to make mistakes.

    True

    6. True or false: Inflation causes recessions and depressions.

    True

    7. When the amount of money increases, the value of money


    decreases.

    Bonus question: Which stage of industrial development does government


    usually not factor into its decision-making?

    economic feasibility

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