
Unit 5 Economic Measurements
Authored by Rebecca Campbell
Social Studies
12th Grade
Used 21+ times

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35 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The goal of macroeconomics is to
Become a better decision maker by learning how the whole economy works.
the part of economics concerned with single factors and the effects of individual decisions
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is something that macroeconomics does NOT study?
Economic output
Individual economic decisions
Unemployment
Inflation
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is NOT an economic goal of policymakers?
Ensure that people make enough money to pay for what they want to buy
Promote economic growth
Limit unemployment
Keep prices stable
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is NOT a measurement that economists analyze to see if a country is achieving its economic goals?
Gross Domestic Product
Unemployment Rate
Inflation Rate
Market Basket
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When is an economy going into an economic recession?
3 months or one economic quarter of a downturn in the economy
6 months or two successive quarters of a downturn in the economy
One year or four successive quarters of a downturn in the economy
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is not a type of unemployment?
Frictional
Structural
A worker gets discouraged and quits trying to find a job
Cyclical
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is NOT a component of the GDP?
Consumer Spending
The unemployment rate
Government Spending
Net Exports
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