Unit 3 Macroeconomics

Unit 3 Macroeconomics

12th Grade

15 Qs

quiz-placeholder

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Unit 3 Macroeconomics

Unit 3 Macroeconomics

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

David Brown

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total value of all final goods and services produced in a country in a given year.

Gross Domestic Product

Consumer Price Index

Inflation

Unemployment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A price index determined by measuring the price of a standard group of goods meant to represent the market basket of a typical urban consumer.

Gross Domestic Product

Consumer Price Index

Unemployment

Inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A general increase in prices across an economy.

Gross Domestic Product

Consumer Price Index

Unemployment

Inflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The percentage of a nations labor force that is unemployed.

Gross Domestic Product

Inflation

Unemployment

Consumer Price Index

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of unemployment that occurs as a result of harvest schedules, vacations, or when industries make seasonal shifts in their production schedules.

Seasonal Unemployment

Structural Unemployment

Frictional Uneployment

Cyclical Unmeployment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of unemployment that occurs when workers skills do not match those needed for the jobs available.

Seasonal Unemployment

Structural Unemployment

Frictional Unemployment

Cyclical Unemployment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of unemployment that occurs when people take time to find a job.

Seasonal Unemployment

Structural Unemployment

Frictional Unemployment

Cyclical Unemployment

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