Economic Indicators Quiz

Economic Indicators Quiz

12th Grade

10 Qs

quiz-placeholder

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Economic Indicators Quiz

Economic Indicators Quiz

Assessment

Quiz

Business

12th Grade

Practice Problem

Hard

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the official unemployment rate of the United States referred to as?

U-5

U-7

U-1

U-3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Consumer Price Index for Urban Consumers (CPI-U) measure?

GDP per capita

Unemployment rate

Inflation rate

Average price of common items

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic indicator is supposed to predict economic activity for the next 6 months?

Leading Economic Indicators

Coincident Economic Indicators

Lagging Economic Indicators

Unemployment Rate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the inflation rate indicate?

Rate of change in government spending

Rate of change in prices

Rate of change in unemployment

Rate of change in GDP

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total dollar value of all goods and services produced and sold in a country over a given time period called?

Net Exports

GDP

Investment

Government Spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic indicator is a lagging economic indicator?

Lagging Economic Indicators

Leading Economic Indicators

Unemployment Rate

Coincident Economic Indicators

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the rate of change in the CPI-U number month-to-month and/or year-to-year called?

Interest rate

GDP growth rate

Unemployment rate

Inflation rate

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