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Economic Indicators

Authored by Nicole Newsome

Business

10th Grade

Used 3+ times

Economic Indicators
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Finish the sentence......Economic indicators.....

Provide an insight into the direction in which the businesses are going

Provide an insight into the direction in which the economy is going

Provide an insight into the direction in which the government is going

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation refers to...

The decrease in the general level of prices of goods and services

The increase in the general level output of goods and services

The increase in the general level of prices of goods and services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One type of inflation is...

Exported inflation

Imported Inflation

Net Inflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Demand full inflation happens when....

Excess demand pulls the price upwards

Extra costs push the price upwards

VAT increases

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation reduces purchasing power of households?

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

High Unemployment may lead to....

Cheaper borrowing

Decreased economic growth

Increased savings

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Low interest rates will....

Encourage people and businesses to save more

Encourage people and businesses to borrow more

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