Unit 3 Macro Vocab Quiz
Quiz
•
Social Studies
•
12th Grade
•
Medium
Jennifer Dorrough
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20 questions
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1.
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1 min • 1 pt
Second goal of a healthy economy which aims to limit inflation
2.
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1 min • 1 pt
Goal #3 of a healthy economy; occurs when the unemployment rate is between 4-6%
3.
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1 min • 1 pt
The dollar value of all final goods and services produced within a country's borders in a given year
4.
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1 min • 1 pt
Consumer spending, investments, government spending, and net exports (exports minus imports) are used to calculate this
5.
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1 min • 1 pt
When someone loses their job because the work has been taken oversees is this type of unemployment?
6.
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1 min • 1 pt
Working as a mall Santa or a lifeguard at your summer pool constitutes this type of unemployment?
7.
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1 min • 1 pt
A market basket of typical goods and services comparing economic growth and inflation from one year to another is know as the
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