
Economics Vocab
Authored by TAYLOR M SMITH
Other, History
8th Grade
Used 72+ times

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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an explanation of the changes in prices paid by typical consumers for retail goods and other items.
GDP
Consumer Price Index
Inflation
Deflation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
reduction of the general level of prices in an economy.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a general increase in prices and fall in the purchasing value of money.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the total value of goods produced and services provided in a country during one year
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
percentage of the total labor force that is unemployed but actively seeking employment and willing to work.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a sum of money that is borrowed, and expected to be paid back with interest.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the proportion of a loan that is charged as interest to the borrower
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