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Social Studies

10th - 12th Grade

Used 18+ times

Unit 4 Review: Economic Indicators
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28 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A statistic, or piece of data, that tells us how healthy/unhealthy our economy is:

Demand Shift Factor

Economic Indicator

Economic System

Market Economy

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which of the following are examples of Economic Indicators? (choose all that apply)

GDP

Inflation

Gas Prices

Unemployment

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does GDP stand for?

Gross Domain Profit

Grand Deer Pillows

Great Dude Prizes

Gross Domestic Product

4.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which of the following are "natural" causes of Unemployment? (Choose all that apply)

Frictional

Structural

Foundational

Cyclical

Seasonal

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Media Image

What is the GDP of the following economy?

1000

37

125

180

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the acceptable rate of unemployment?

10% - 15%

< 5%

1% - 2%

7% - 12%

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following would NOT cause Unemployment?

A change in seasons.

A mismatch between jobs available and worker skills

A decrease in taxes.

A person just graduated from college, and is looking for a job.

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