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15
×
What increases during deflation?
Purchasing power
Prices
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15
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When deflation happens, suppliers might:
Hire more workers
Lower prices
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seesaw
Swap points!
Oops!
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fairy
Take points!
5
10
15
20
25
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rocket
Go to first place!
Okay!
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banana
Go to last place!
Oops!
15
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What happens to demand for deflationary currency over time?
It decreases
It increases
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banana
Go to last place!
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rocket
Go to first place!
Okay!
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fairy
Take points!
5
10
15
20
25
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thief
Give points!
5
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20
25
15
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What is the main topic of the text?
Deflation and what it means
Inflation and how to control it
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15
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What is the opposite of inflation?
Deflation
Growth
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15
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What happens during deflation?
Prices increase
Prices decrease
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trap
No points!
Oops!
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fairy
Take points!
5
10
15
20
25
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rocket
Go to first place!
Okay!
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thief
Give points!
5
10
15
20
25
15
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The goal of reducing prices is to:
Balance supply and demand
Make more money
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15
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Deflation makes goods and services:
More expensive
Cheaper
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15
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When people buy less, suppliers:
Reduce prices
Increase prices
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15
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Why does deflationary currency become more valuable?
Because supply increases
Because supply decreases
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15
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The value of fiduciary currency is not tied to:
Gold or precious metals
The governmentโs trust
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15
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What decreases in deflation?
The amount of money people have
Price of goods and services
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15
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When deflation happens, people:
Buy less
Buy more
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