Economic Indicators

Economic Indicators

9th - 12th Grade

8 Qs

quiz-placeholder

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Economic Indicators

Economic Indicators

Assessment

Quiz

Other

9th - 12th Grade

Hard

Used 48+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a strategy existing companies use to make a profit?

pay bills
reduce expenses
increase productivity
increase sales

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not an economic indicator

GDP
Inflation rate
Law of supply and demand
Unemployment rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The US economy is often called a _______ economy

per capita
legal
traditional
consumer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The GDP growth rate in the US during the great recession of 2008 was _________.

negative
positive
zero
serious

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the prices of many products _______, inflation is present.

pull
rise
fall
remain the same

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The rate of change of prices calculated on a monthly or yearly basis is called 

Demand-pull inflation
Cost-push inflation
Inflation rate
Consumer price index

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The civilian labor force is divided into what two categories

Employed and unemployed
Rich and poor
Push and pull
Stocks and bonds

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nominal GDP is calculated ________ adjusting for inflation

currently
when
with
without