
Final review Grade 11
Authored by Dian April Valleser
Social Studies
11th Grade
Used 2+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The point in the business cycle where in the employer will lay off employees to cut expenses.
Peak/Boom
trough
expansion
recession
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the key element within salary system.
pay structure
union
workforce
productivity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of unemployment associated with the up and down fluctuations in the business cycle.
cyclical
structural
seasonal
frictional
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It refers to a situation in which the workers who are capable of working and willing to work does not get a job.
inflation
unemployment
fluctuation
scarcity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of inflation states that the prices rise as the result of excessive business and consumer demand.
cost-push
demand-pull
demand-push
cost-pull
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It means goods that has loss their value.
inflation
GDP
unemployment
Depreciation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The exchange of goods, property, services, etc. for other goods, etc. without using money.
barter
money
purchase
credit
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