Economics unit 5

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Other
•
10th Grade
•
Medium
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26 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
GDP known by the amount of money spent by consumers yearly is
Exports
Consumption
Investments
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
GDP is the measure of
all goods produced and all exports
the value of all intermediate goods and services
the value of all final goods and services produced in a country annually
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the desired unemployment rate inthe United States?
4-6%
0-3%
5-8%
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a general increase in in prices called?
Quantity theory
Consumers price Index
Inflation
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An example of a durable good would be
Food
A car
Toilet paper
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
GDP equal what
G + X + W + Q
C + I + M + L
C + I + G + X
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A period of expansion followed by a period of contraction is
the business cycle
GDP
Life cycle
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