Macro Intro

Macro Intro

12th Grade

•

28 Qs

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Macro Intro

Macro Intro

Assessment

Quiz

•

Social Studies

•

12th Grade

•

Medium

Created by

Claudia MartinezCarter

Used 1+ times

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28 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total value of all final goods and services produced in a country in a given year.

Gross Domestic Product

Consumer Price Index

Inflation

Unemployment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A general increase in prices across an economy.

Gross Domestic Product

Consumer Price Index

Unemployment

Inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The percentage people in America who are 16 years old and above looking for a job.

Gross Domestic Product

Inflation

Unemployment

Consumer Price Index

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of unemployment that occurs as a result of harvesting schedules, holidays, and/or when industries make seasonal shifts in production schedules.

Seasonal Unemployment

Structural Unemployment

Frictional Uneployment

Cyclical Unmeployment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of unemployment that occurs when people are in between a job or looking to change jobs.

Seasonal Unemployment

Structural Unemployment

Frictional Unemployment

Cyclical Unemployment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of unemployment that occurs when workers skills do not match those needed for the jobs available or jobs are phased out due to core changes in the economy.

Seasonal Unemployment

Structural Unemployment

Frictional Unemployment

Cyclical Unemployment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unemployment that rises during economic downturns.

Seasonal Unemployment

Structural Unemployment

Frictional Unemployment

Cyclical Unemployment

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