Economics Lesson

Which economic indicator corresponds to this definition? " A monetary measure of the market value of all the final goods and services produced in a specific time period"

• Business Confidence Index

• Interest rate

• Gross Domestic Product

• Inflation rate

Which economic indicator corresponds to this definition?

"The difference between the monetary value of a nation's exports and imports over a certain time period"

• Unemployment rate

• Trade balance

• Prime rate

• GDP per capita

Which economic indicator corresponds to this definition?

"A survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation"

• Business Confidence Index

• Interest rate

• Consumer Confidence Index

• Unemployment rate

What does fluctuation look like? Draw it!

Give 3 words to describe an DOWNWARD movement

There is a very important difference between ______ and pay for a service, something you can learn in Economics lessons.

• ACCOLADES

• ACCRUE

• ABYSS

• AFFIDAVIT

…. is the study of how humans manage limited resources to meet society's needs and desires of society.

• Economics

• Capitalism

• Econometrics

• Socialism

What is the economic message conveyed through the story of "The Tortoise and the Hare"?

• The competition and speed always have the advantage in the economy

• Economics always reflects fairness and righteousness

• Talent and intelligence always prevail over patience

• The proper management of resources and strategy is of utmost importance

Which word best completes the sentence? 'The ______ of the economy was a major topic in the lesson.'

• A) growth

• B) decline

• C) stagnation

• D) inflation

What is the main theme of the poem 'The Road Not Taken' by Robert Frost?

• A) Economic choices

• B) Nature's beauty

• C) Life's decisions

• D) Friendship