Macroeconomics: GDP, Inflation, Business Cycle

Macroeconomics: GDP, Inflation, Business Cycle

9th - 12th Grade

25 Qs

quiz-placeholder

Similar activities

ASESMEN SUMATIF TENGAH SEMESTER SOSIOLOGI X MAN 2 BANDUNG

ASESMEN SUMATIF TENGAH SEMESTER SOSIOLOGI X MAN 2 BANDUNG

10th Grade

20 Qs

Prophethood in Islam

Prophethood in Islam

9th - 11th Grade

21 Qs

Revolutions

Revolutions

9th Grade

20 Qs

Read All About It

Read All About It

8th - 12th Grade

20 Qs

Vocabulary Quiz

Vocabulary Quiz

12th Grade

20 Qs

Week 2 Lessons

Week 2 Lessons

12th Grade

23 Qs

U4: Ancient Egypt

U4: Ancient Egypt

9th Grade

20 Qs

Chapter 7 part 2 (Peter Godipelly)

Chapter 7 part 2 (Peter Godipelly)

11th - 12th Grade

20 Qs

Macroeconomics: GDP, Inflation, Business Cycle

Macroeconomics: GDP, Inflation, Business Cycle

Assessment

Quiz

Social Studies

9th - 12th Grade

Easy

Created by

Megan Upton

Used 4+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total value of all final goods and services produced in a country in a given year.

Gross Domestic Product

Consumer Price Index

Inflation

Unemployment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A price index determined by measuring the price of a standard group of goods meant to represent the market basket of a typical urban consumer.

Gross Domestic Product

Consumer Price Index

Unemployment

Inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A general increase in prices across an economy.

Gross Domestic Product

Consumer Price Index

Unemployment

Inflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A period of macroeconomic expansion or growth, followed by a period of contraction, or decline.

Business Cycle

Circular Flow

Equilibrium

GDP

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following would be INCLUDED when calculating the GDP for the U.S.?

Toys that Wal-Mart has imported from their factories in China

A used car bought from Frontier Motors

Getting $20 from your mom for mowing the lawn

A Tesla car that has been manufactured in California

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Real GDP is

GDP at the current prices

GDP that has been adjusted for inflation

A measure of the total production of goods in other countries

The same thing as nominal GDP

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A general rise in the price level of products is known as:

Hyperinflation

Cost-Push phenomenon

Inflation

Deflation

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?