Unit 3 Macro Vocab Quiz

Unit 3 Macro Vocab Quiz

12th Grade

20 Qs

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Unit 3 Macro Vocab Quiz

Unit 3 Macro Vocab Quiz

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Jennifer Dorrough

Used 5+ times

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20 questions

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1.

FILL IN THE BLANK QUESTION

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.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Working as a mall Santa or a lifeguard at your summer pool constitutes this type of unemployment?

7.

FILL IN THE BLANK QUESTION

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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