Title: QUIZ: What is Inflation? -- Inflation 101 Video Series
Course: Andria Testing FRE2 > Section: What is Inflation? -- Inflation 101 Series

Q: Throughout life, you might notice that the cost of the goods you buy tend to ________________.
- stay the same
- gradually increase
- gradually decrease
- rapidly increase
A: gradually increase

Q: When one item, like an orange, increases in price that is an example of inflation.
- True
- False
A: False

Q: When the prices of all goods and services across an economy trend upward over time, it is referred to as _______________.
- long-term price changes
- economic boom
- economic recession
- inflation
A: inflation