Economy Basics O/X
Core ideas about money and the economy
12 cards
English
#economy#basic
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5 sample prompts · answers & explanations live in the app
1
Inflation refers to a general rise in prices over time.
2
When demand rises and supply stays the same, prices usually fall.
3
A central bank can influence interest rates in an economy.
4
GDP stands for the total population of a country.
5
Diversifying investments can help reduce risk.
🔒 Answers & explanations are in the app