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Money · Ages 10+ · Set B
Inflation
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B
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Goal: 15 min
Score/ 12
Remember: Inflation is prices rising over time, so the same coins buy less.

Questions

1
Which one is not true about inflation and Mia's basket?
💰Higher pay always means more buying power🪙The same coins buy less when prices rise🐢Real inflation is usually much slower than the story's
2
Sixty coins are in the jar. Which basket price buys four baskets?
🕛a twelve-coin basket🎲a twenty-coin basket🎴a fifteen-coin basket
3
Which one is not true about inflation and Mia's basket?
📈Inflation is most prices drifting up over time⬆️When prices rise, the same coins buy more🫙Mia's jar kept all sixty coins
4
Which one is not true about inflation and Mia's basket?
💼If pay grows as fast as prices, buying power holds⬆️When prices rise, the same coins buy more🪙The same coins buy less when prices rise
5
Which one is true about inflation and Mia's basket?
🕳️The jar lost coins when prices rose🚀Real inflation is as fast as the story's🚜Costs rising along the way can push prices up
6
Which one is true about inflation and Mia's basket?
🪙The same coins buy less when prices rise⬆️When prices rise, the same coins buy more⚖️Inflation raises every price by the same amount
7
Which one is not true about inflation and Mia's basket?
🪙The same coins buy less when prices rise📈Inflation is most prices drifting up over time⚖️Inflation raises every price by the same amount
8
💰True or false? Higher pay always means more buying power.
TrueFalse
9
Sixty coins are in the jar. Which basket price buys three baskets?
🔟a ten-coin basket🕛a twelve-coin basket🎲a twenty-coin basket
10
Which one is not true about inflation and Mia's basket?
💼If pay grows as fast as prices, buying power holds🫙Mia's jar kept all sixty coins⚖️Inflation raises every price by the same amount
11
💰Is it false? Higher pay always means more buying power.
TrueFalse
12
Which one is not true about inflation and Mia's basket?
🚜Costs rising along the way can push prices up🏷️One shop's sale is inflation💼If pay grows as fast as prices, buying power holds
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Answer key · Set B
Inflation
1Higher pay always means more buying power
2a fifteen-coin basket
3When prices rise, the same coins buy more
4When prices rise, the same coins buy more
5Costs rising along the way can push prices up
6The same coins buy less when prices rise
7Inflation raises every price by the same amount
8False
9a twenty-coin basket
10Inflation raises every price by the same amount
11True
12One shop's sale is inflation
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