EPF-Fiscal and Monetary Policy 11/13
Authored by Carrie Annette Johnson
Social Studies
10th - 12th Grade
Used 37+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic indicator is used to measure inflation and deflation?
Consumer Price Index
Market Demand
Equilibrium Price
Gross Domestic Product
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic indicator is used to measure the amount of final goods and services made within the U.S.?
Consumer Price Index
Market Demand
Equilibrium Price
Gross Domestic Product
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At which phase of the business cycle is unemployment at the lowest rate?
Expansion
Peak
Contraction
Trough
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At which phase of the business cycle is GDP decreasing?
Expansion
Peak
Contraction
Trough
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At which phase of the business cycle are more new businesses starting?
Expansion
Peak
Contraction
Trough
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At which phase of the business cycle is GDP increasing?
Expansion
Peak
Contraction
Trough
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At which phase of the business cycle is employment at the lowest rate?
Expansion
Peak
Contraction
Trough
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