Unit 4 Review Flash Cards

Front

Based on the chart below, identify the food product that has increased 5.3% in cost since Sept. 2024.

Back

Apples

Front

The U.S. Labor Force is made up of non-military ______ aged 16 and older.

Back

Workers

Front

The inflation rate shows how much costs have ______ from one year ago.

Back

increased or decreased

Front

The total market value of all finished goods and services produced within a country in a year is the

Back

Gross Domestic Product

Front

The Consumer Price Index (CPI) is compared year to year to measure a percentage change. This percentage change is the _______________.

Back

Inflation Rate

Front

Back

consumer spending on goods and services

Front

When individuals who are able and willing to work cannot find a job is called _________.

Back

Unemployment

Front

Based on the chart below, identify the food product that has increased 4.1% in cost since Sept. 2024.

Back

Lunchmeats

Front

What is an example of the "shadow economy"?

Back

Babysitting

Front

As of September 2025, the U.S. current inflation rate is

Back

3%