Inflation is prices rising over time, so the same coins buy less.
Inflation is most prices drifting up over time, so the same coins buy less.
To measure it, people price the same basket of goods each year.
Mia's jar of 60 coins never loses a coin, but each coin buys less. That is shrinking buying power.
Real inflation is much slower than the story's, a few coins in a hundred. The story makes it big so it is easy to see.
These are some of the questions on the sets. The printable sheets have more and an answer key.
3. 60 ÷ 20 = 3.
Less. When prices rise, the same coins buy less.
12 coins. 10 + 2 = 12.
Ask a grown-up what something cost when they were your age, and what it costs now.
This is a made-up market, and its prices rise far faster than real ones. Ask a grown-up in your family what something cost when they were your age and what it costs now. Real money choices are for grown-ups.
