Macroeconomics Unit 2

Macroeconomics Unit 2

12th Grade

24 Qs

quiz-placeholder

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Macroeconomics Unit 2

Macroeconomics Unit 2

Assessment

Quiz

Social Studies

12th Grade

Easy

Created by

K Bissmeyer

Used 52+ times

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24 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

Select the three macroeconomic policy goals from the following list.

Keep the economy growing over time

Limit unemployment

Keep prices stable

Raise unemployment

Keep the economy shrinking over time

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What measure shows how well the economy is doing over time?

Gross Domestic Product

Unemployment Rate

Inflation Rate

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following is NOT included in a country's GDP?

Consumer Spending

Business Spending

Government Spending

Net Exports

Net Imports

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What measure shows what percentage of the eligible workers do not have jobs?

Gross Domestic Product

Unemployment Rate

Inflation Rate

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

When people are in the process of looking for a job after being fired or are transitioning to a new position, this is called?

Frictional Unemployment

Structural Unemployment

Cyclical Unemployment

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

When people can't find a job because of a lack of demand for their skills or type of labor, this is called?

Frictional Unemployment

Structural Unemployment

Cyclical Unemployment

7.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

Select the three macroeconomic policy goals from the following list.

Keep the economy growing over time

Limit unemployment

Keep prices stable

Raise unemployment

Keep the economy shrinking over time

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