Macro Economics

Macro Economics

10th Grade

13 Qs

quiz-placeholder

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Macro Economics

Macro Economics

Assessment

Quiz

Social Studies

10th Grade

Practice Problem

Hard

Created by

Ms Sage

Used 815+ times

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13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is GDP per capita?

GDP divided by the value of capital inputs

GDP divided by the population

GDP divided by the number of workers

GDP divided by the number of weeks in the year

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The rate of economic growth is measured by

(original/difference) x 100

difference x 100

potential - actual level of output

(difference/original) x 100

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following will increase economic growth

An increase in unemployment

An increase in incomes

An ageing population

Investment in technology

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A period of high economic activity and high employment is:

A recovery

A recession

A boom

A slowdown

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following will NOT increase economic growth?

Updates in technology

Immigration

Increased taxation

Increased Government spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a consequence of economic growth

Less employment

Pollution

Increased incomes

Improved living standards

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unemployment occurs when

Someone wants a job but can't find work

Someone is able and willing to work but can't find a job

Someone is able to work but does not have employment

Work provided is not sufficient to meet the needs of workers

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