
AP Macroeconomics - Unit 2 Review

Quiz
•
Social Studies
•
10th - 12th Grade
•
Medium
Lianne Kulik
Used 469+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Select the three macroeconomic policy goals from the following list.
Keep the economy growing over time
Limit unemployment
Keep prices stable
Raise unemployment
Keep the economy shrinking over time
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which of the following is NOT included in a country's GDP?
Consumer Spending
Business Spending
Government Spending
Net Exports
Net Imports
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What measure shows what percentage of the eligible workers do not have jobs?
Gross Domestic Product
Unemployment Rate
Inflation Rate
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
When people are in the process of looking for a job after being fired or are transitioning to a new position, this is called?
Frictional Unemployment
Structural Unemployment
Cyclical Unemployment
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
When people can't find a job because of a lack of demand for their skills or type of labor, this is called?
Frictional Unemployment
Structural Unemployment
Cyclical Unemployment
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
When people can't find a job because the economy is not doing well due to a recession, this is called?
Frictional Unemployment
Structural Unemployment
Cyclical Unemployment
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
In the United States, a healthy economy should have an unemployment rate of 4-6%.
True
False
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