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Drag the tiles to the correct boxes to complete the pairs.
Match each economic term with its definition or example,
Tiles
gold standard
sound money
easy money
flat currency
Inflation
deflation
Pairs
when goods and services become more valuable
without the value of dollar increasing
a country's pledge to set a fixed currency based
on the price of gold
when goods and services become less valuable,
Increasing the value of the dollar
gold coins
greenbacks
a form of money whose value is determined by the government

Sagot :

Answer:

Inflation- When goods and services become more valuable without the value of dollar increasing

Gold Standard- A country's pledge to set a fixed currency based on the price of gold

Deflation- When goods and services become less valuable, increasing the value of the dollar

Sound money- Gold coins

Easy money- Greenbacks

Fiat Currency- A form of money whose value is determined by the government

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