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Macro Measures Review

Authored by Bradley Hunt

Social Studies

12th Grade

Macro Measures Review
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these types of unemployment is characterized by peaks of joblessness at specific times of the year?

Seasonal
Cyclical
Frictional
Structural

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is an economic indicator used to tell how an economy is doing?

Equilibrium Price
Consumer Price Index
Job Satisfaction Rate
Presidential Approval Rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ned is a typewriter repairman. As typewriters are being replaced by computers Ned finds less and less work. What kind of unemployment is Ned experiencing?

Seasonal
Cyclical
Frictional
Structural

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Kris applies for the sales position and does well. However, she is laid off in late October due to slow sales. This is an example of what type of unemployment?

Cyclical
Frictional
Organizational
Structural

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation is most harmful to

debtors
creditors
wage earners
property owners

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Joe has been working at a coffee shop since he graduated from college. But yesterday he realized that if he has to fill another coffee cup he will cry, so he quit his job. He'll look for another job once he gets the smell of coffee out of his clothes. What kind of unemployment is Joe experiencing?

Cyclical
Frictional
Stuctural
Technological

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term is used to describe a situation where most people who are looking for work are able to find a job?

Full employment
Seasonal employment
Frictional unemployment
Structural unemployment

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