Economic Indicators and the Business Cycle
Authored by Kristen Bibb
Social Studies
9th - 12th Grade
Used 95+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is happening to the economy in a period of economic contraction?
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Caleb takes a job selling cars. In six months he is laid off due to a slowing economy and poor car sales. What type of unemployment is Caleb experiencing?
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If you live on a fixed income, how will you be affected by inflation.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The "market basket" that is a list of the prices of items purchased by an average consumer is known as the
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Who would benefit from inflation?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inflation is measured by the:
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is when a person becomes unemployed because they do not have the skills they need to find a job:
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