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Social Studies · Grades 10–12

Social Studies · Grades 10–12

Secondary school: analysis, argument and extended writing. Mock exams are timed like the real thing: reading 40 minutes, writing 50 minutes.

الدراسات الاجتماعيّة · الصفوف ١٠–١٢ — المرحلة الثانويّة: التحليل والحجاج والكتابة المطوّلة.

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Inflation Explained

Inflation is the general rise in prices over time, which reduces the purchasing power of money. Moderate inflation, around 2 percent a year, is often considered healthy for an economy. However, high inflation erodes savings and hurts people on fixed incomes. Central banks often respond by raising interest rates, which makes borrowing more expensive and tends to slow spending.

1. What is inflation?

  • A A type of tax
  • B A general rise in prices
  • C An increase in wages only, without any change in prices
  • D A fall in prices
Show the answer

Answer: B. A general rise in prices

Why: Defined in the first sentence.

2. What does inflation reduce?

  • A Unemployment
  • B Interest rates
  • C The number of shops and businesses in the economy
  • D Money's buying power
Show the answer

Answer: D. Money's buying power

Why: Reduces the purchasing power of money.

3. What level of inflation is often considered healthy?

  • A Around 20 percent a year
  • B Zero
  • C Around 2 percent a year
  • D Around 50 percent
Show the answer

Answer: C. Around 2 percent a year

Why: Around 2 percent a year.

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Timed mock exams in reading, listening, writing and speaking, scored out of 100 with a pass mark of 50.

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Reading and listening are marked automatically, with an explanation for every question. Writing and speaking are scored with a self-check list modelled on official marking grids, and you can compare your work with a model answer. Each part is out of 25; the pass mark is 50 out of 100.

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