14 Week Econ U5 Unit Test
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Other
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12th Grade
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Practice Problem
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Hard
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25 questions
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1.
FLASHCARD QUESTION
Front
A slow increase in the general price of goods
Back
Inflation
2.
FLASHCARD QUESTION
Front
a side effect of an economic activity that affects other parties without being reflected in the cost of the goods involved
Back
Externality
3.
FLASHCARD QUESTION
Front
A tax on goods that generate negative externalities
Back
Pigouvian
4.
FLASHCARD QUESTION
Front
Which is not an economic term? Options: Pigouvian, Inflation, Externality, Byzantine
Back
Byzantine
5.
FLASHCARD QUESTION
Front
Carbon Tax
Back
Pigouvian
6.
FLASHCARD QUESTION
Front
Lost your job during Covid. What type of unemployment does this represent? Options: Frictional Unemployment, Seasonal Unemployment, Underemployment, Structural Unemployment, Cyclical Unemployment
Back
Cyclical Unemployment
7.
FLASHCARD QUESTION
Front
A recent graduate looking for work
Back
Frictional Unemployment
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