GDP, Poverty, and Business cycles

Quiz
•
Social Studies
•
9th - 12th Grade
•
Easy
Calvary Lyle
Used 25+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
GDP, or gross domestic product, measures...
the value of all final goods and services produced
an increase in the general price level
the percentage of people looking for work that can't find it
the economic freedom an economy offers
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Inflation measures...
the value of all final goods and services produced
an increase in the general price level
the percentage of people looking for work that can't find it
the economic freedom an economy offers
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Unemployment measures...
the value of all final goods and services produced
an increase in the general price level
the percentage of people looking for work that can't find it
the economic freedom an economy offers
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which of the following is a peak?
A
B
C
D
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which of the following is a recession, or contraction?
A
B
C
D
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which of the following is a trough?
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which of the following is an expansion, or recovery?
A
B
C
D
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