
Economic Indicators

Quiz
•
Business
•
10th Grade
•
Medium
Nicole Newsome
Used 3+ times
FREE Resource
15 questions
Show all answers
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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