
Business revision
Authored by A Sanigar
Business
10th Grade
Used 6+ times

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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inflation is
how fast prices are rising in the economy
how fast unemployment is rising in the economy
how fast economic growth is occurring
how fast stock prices are rising
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inflation is generally calculated
annually
monthly
weekly
daily
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The inflation rate is calculated as
CPI - Prior period CPI x 100
CPI - Prior period CPI divided by Prior period CPI x 100
CPI + Prior period CPI divided by 100
CPI + Prior period CPI divided by CPI x 100
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
CPI stands for
Consumer Price Inflation
Consumer Product Inflation
Consumer Product Index
Consumer Price Index
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unemployment is
everyone in the population who does not have a job
everyone in the population who does not have a job but wants to work
everyone in population between the ages of 12 and 75 who does not have a job
everyone in the population who is retired
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GDP stands for
Gross Domestic Pricing
Gross Domestic Product
General Domestic Product
General Domestic Pricing
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the economy is growing then GDP is
decreasing every year
remaining the same every year
increasing every year
is unaffected
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