Exercise 7

Take the Inflation Test.

Now that kids know about inflation, how it works, and why it can impact their financial futures, it’s time to put their knowledge to the test.

Most things cost _________ than they did 10 years ago.

A.  More
B.  Less
C.  The Same

Over time, the same amount of money can buy something of ________ value.

A.  The Same
B.  More
C.  Less

If someone wants to buy a new truck in two years, the price will probably be ________ because of inflation.

A.  Cut in Half
B.  Higher
C.  Lower