Sarah Stopped at the Supermarket to Quickly Pick Up Some

question 27

Multiple Choice

Sarah stopped at the supermarket to quickly pick up some milk, bread, cat litter, and a tomato. When she saw the total come up on the screen, she swore that it was a dollar higher than it should be. But no, the prices were all correct on her receipt. It was just that they had all gone up. So had the cost of clothing, cars, and most everything else. This is called

• A) the gold standard.
• B) inflation.
• C) increased purchasing power of the dollar.
• D) stored value.

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Definitions:

Knights Templar

A medieval Christian military order that became prominent during the Crusades, known for their banking practices and skilled fighters.

First Crusade

The initial campaign of the Crusades (1096-1099), launched to reclaim Jerusalem and other holy lands from Muslim control.

Scriptorium

A room in medieval European monasteries dedicated to the copying, writing, and illuminating of manuscripts.

Moissac

A commune in southern France known for its Abbey Church of Saint-Pierre, which is famous for its Romanesque sculptures.