Based on what you've read, answer the following questions.
Living with Inflation
In the Chapter 6, read the “Living With Inflation” section and complete questions 1–2.
The Value of Money Might Increase or Decrease
In the Chapter 6 Exercises section, complete the matching and multiple-choice questions.
Answers
Living with Inflation
1. (a) Inflation in Turkey would make Inci’s savings less valuable in terms of US dollars.
2. (b) Travel arrangements could be purchased ahead of time; money could be invested in a nation experiencing little inflation.
Constantly rising prices (making you poorer), difficulty saving money
Matching
1. d
2. f
3. e
4. a
5. c
6. b
Multiple-Choice
1. a
2. b
3. d
4. a
5. c
6. b