
Unit 5 Review: Macroeconomics
Authored by Sean Davidson
Social Studies
12th Grade
Used 2+ times

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25 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Inflation can best be defined as...
A general increase in prices.
An increase in prices of key items purchased by consumers.
The increase in the value of fiat money
The printing of too much paper money.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of inflation occurs when an increase in the in production costs are passed on to the consumer.
Supply Inflation
Cost Push Inflation
Imported Inflation
Demand Pull Inflation
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of inflation occurs when the demand for products is greater that the supply of products.
Cost push inflation
Demand pull inflation
Divisional inflation
Structural inflation
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When inflation is high the _______________of the dollar decreases
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Who does Inflation hurt?
People with a fixed income
Savers
Money Lenders at fixed interest rates
All of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_______ occurs when people are in between jobs, entering and reentering the labor force.
Cyclical unemployment
Technological unemployment
Frictional unemployment
Seasonal unemployment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Farm helpers are unemployed when the cropping season is over.
frictional
cyclical
structural
seasonal
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