Macroeconomics Quiz

Front

Measurement of price level for goods/services

Back

Consumer Price Index

Front

Largest section of the macroeconomy

Back

Consumer sector

Front

U.S. business purchases new cars for workers

Back

Investment sector

Front

Not included in GDP

Back

Intermediate goods

Front

Basic sectors of GDP and US Economy

Back

Debtors sector (not a basic sector)

Front

Real GDP per capita: preferred measure of economic growth

Back

Price levels and populations change over time

Front

Criticism of GDP:

Back

Does not account for income inequality.

Front

Between which two letters shows

Expansion ?

Back

B to C

Front

Long run economic growth (Which letter from the chart?)

Back

Letter E

Front

Cost-push inflation caused by:

Back

Increase in input costs paid by producers