Question

CHECK COMPREHENSION
estions about "What's Up With Inflation?"
on, refer to the article as needed.
1. What is considered a normal yearly inflation rate
In the U.S.?
a2 percent
b
5 percent
€10 percent
d 12 percent
2. This spring, Inflation in the U.S. reached a,
a 10-year low
b 15-year low
€25-year high
40-year high
3. In June, the average U.S. household needed to spend
how much more a month
than it did last year to pay for
the same goods and services
?
a $25
b $75
C$100
d $500
4. According to the article, to slow inflation,
the Federal Reserve sometimes,
a buys other banks
b stops lending money
increases interest rates
d decreases interest rates
ANALYZE THE TEXT
5. What is the author's purpose in writing the article?
a to convince readers to shop less and save their money
to explain why costs are rising and what can be done
about it
eto argue that the Federal Reserve needs to do more
to
slow inflation
d to compare and contrast life before and after
the Covid-19 pandemic
6. In section 3, the author Includes information about
shoppers
choosing store-brand items over pricier
alternatives
. This information helps.
a show an effect of inflation
b
clarify what needs to happen for inflation to end
explain why paychecks usually go up after
prices
increase
d support the point that increases in oil prices have
caused grocery prices to increase
7. In section 4, the word entice most nearly means,
a attract
b hire
c inform
d stop
8. Which is the central idea of section 57
a Inflation might slow down next year.
b Inflation will increase dramatically next year.
e Supply chains will be disrupted for several years.
d Experts have little ability to predict inflation patterns.

Answer 1

Answer:

1. What is considered a normal yearly inflation rate in the U.S.?

a) 2 percent

2. This spring, inflation in the U.S. reached a:

d) 40-year high

3. In June, the average U.S. household needed to spend how much more a month than it did last year to pay for the same goods and services?

c) $100

4. According to the article, to slow inflation, the Federal Reserve sometimes:

c) increases interest rates

ANALYZE THE TEXT

5. What is the author's purpose in writing the article?

b) to explain why costs are rising and what can be done about it

6. In section 3, the author includes information about shoppers choosing store-brand items over pricier alternatives. This information helps:

a) show an effect of inflation

7. In section 4, the word "entice" most nearly means:

a) attract

8. Which is the central idea of section 5?

a) Inflation might slow down next year.