Money/ business and consumerism (Medium) Quiz Home โบ IELTS โบ IELTS English Vocabulary โบ Money/ business and consumerism (Medium) ๐ IELTS – English Vocabulary – Money/ business and consumerism – Medium 20 questions ยท 15 min timer ยท Explanations included ยท Free 1. What does the term 'inflation' refer to in economics? A decrease in the general price level of goods and services. An increase in the general price level of goods and services. The total value of goods produced in a country. A measure of a country's economic output. None 1 out of 18 2. What does 'fiscal policy' involve? Setting interest rates to control inflation. Government spending and tax policies. Regulating the stock market. Controlling the money supply. None 2 out of 18 Loading questions... 3 out of 18 Loading questions... 4 out of 18 Loading questions... 5 out of 18 Loading questions... 6 out of 18 Loading questions... 7 out of 18 Loading questions... 8 out of 18 Loading questions... 9 out of 18 Loading questions... 10 out of 18 Loading questions... 11 out of 18 Loading questions... 12 out of 18 Loading questions... 13 out of 18 Loading questions... 14 out of 18 Loading questions... 15 out of 18 Loading questions... 16 out of 18 Loading questions... 17 out of 18 Loading questions... 18 out of 18 Click Submit to see your final score! Previous Start Quiz Next Time's upTime is Up!