Economic Indicators Junior cycle

Economic Indicators Junior cycle

7th - 12th Grade

14 Qs

quiz-placeholder

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Economic Indicators Junior cycle

Economic Indicators Junior cycle

Assessment

Quiz

Education

7th - 12th Grade

Medium

Created by

Laura Ryan

Used 32+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The four economic indicators we have studied are:

Capital, enterprise, land, labour

Inflation, Unemployment, Economic Growth, Interest Rates

Financial Sustainability, Social Sustainability, Economic Sustainability

Unemployment, Trade, Inflation, Demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The labour force is defined as:

People in the economy who are in paid employment.

People between 16 and 65 who are willing and able to work.

Anybody who is willing and able to work.

People between 18 and 65 who are willing and able to work.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unemployment is defined as:

People who can't work due to a disability

People who are willing to work but can't find work.

Students and pensioners who do not work.

People who don't work during a recession.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of unemployment is being explained here:

Unemployment that occurs when machines replace workers.

Structural Unemployment

Seasonal Unemployment

Cyclical Unemployment

Technological Unemployment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of unemployment is explained here:

Unemployment that occurs when the economy goes into a recession.

Frictional Unemployment

Recession Unemployment

Cyclical Unemployment

Voluntary Unemployment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When unemployment falls

some people lose their jobs

the government collect less taxes

Government finances are put under pressure

Easier for people to find jobs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation is defined as:

One shop increasing their prices.

Prices rising, then falling.

An increase in the general level of prices.

A decrease in the general level of prices.

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