Remember: When there is too much money for the same goods, each note buys less.
Questions
1
Which one is not true about Quillby and runaway prices?
🌋A slow rise in prices is always a disaster📜Too many notes for the same bread makes each note buy less🏃Dani spent the notes at once before prices jumped
2
Which one is not true about Quillby and runaway prices?
🤝A steadier money must be trusted anew, which takes time💰More notes always make people richer🐌Most of the time prices creep up slowly
3
Which one is not true about Quillby and runaway prices?
🐌Most of the time prices creep up slowly📜Too many notes for the same bread makes each note buy less🚫It has never happened in real life
4
Which one is true about Quillby and runaway prices?
➕Doubling each night is the same as adding two🛒Some people carried money in wheelbarrows🚫It has never happened in real life
5
🚫Is it not true? It has never happened in real life.
TrueFalse
6
Which one is true about Quillby and runaway prices?
🌋A slow rise in prices is always a disaster➕Doubling each night is the same as adding two🏃Dani spent the notes at once before prices jumped
7
Which one is true about Quillby and runaway prices?
⏳Waiting to shop is better when prices race🌋A slow rise in prices is always a disaster🐌Most of the time prices creep up slowly
8
Which one is true about Quillby and runaway prices?
🚫It has never happened in real life📈Inflation is prices rising across the shops➕Doubling each night is the same as adding two
9
Which one is not true about Quillby and runaway prices?
🚫It has never happened in real life🏃Dani spent the notes at once before prices jumped🐌Most of the time prices creep up slowly
10
Which one is not true about Quillby and runaway prices?
🤝A steadier money must be trusted anew, which takes time🛒Some people carried money in wheelbarrows➕Doubling each night is the same as adding two
11
Which one is true about Quillby and runaway prices?
🐌Most of the time prices creep up slowly🌋A slow rise in prices is always a disaster💰More notes always make people richer
12
➕Is it true? Doubling each night is the same as adding two.
TrueFalse
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Answer key · Set B
Prices that doubled overnight
1A slow rise in prices is always a disaster
2More notes always make people richer
3It has never happened in real life
4Some people carried money in wheelbarrows
5True
6Dani spent the notes at once before prices jumped
7Most of the time prices creep up slowly
8Inflation is prices rising across the shops
9It has never happened in real life
10Doubling each night is the same as adding two
11Most of the time prices creep up slowly
12False
Mark each answer, count the right ones and write the score on the sheet.