Why do people save money?
When you begin to become fi-
Learning Objective What Is Inflation?
Key Terms What Is Inflation?
Inflation
How much did a burger cost in 2000? How much does it cost today?
Inflation Versus Purchasing Power
Inflation Versus Gross Domestic Product
What are the main exports of Saudi Arabia?
within the country, such as cars, smartphones,
production levels. For example, if GDP increased by 4% last year,
What type of industry do you want to work in when you are older? Is this industry highlighted in Vision 2030?
Inflation increases the cost of a product over time.
Which of the following is NOT found in the CPI basket of goods?
Which of the following has no impact on GDP?
When GDP is falling, the country is producing more goods and services.
Which of the following is incorrect?