Measuring Economic Activity

Measuring Economic Activity

7th Grade

20 Qs

quiz-placeholder

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Measuring Economic Activity

Measuring Economic Activity

Assessment

Quiz

Business

7th Grade

Easy

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Used 1+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

market value of all final products produced in a country during a specific time period
Indicators
GDP
Inflation
Interest Rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

is the measure of a worker’s production in a specific amount of time such as an hour, day, or week
Inflation
Interest Rate
Unemployment Rate
Productivity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

includes everything people buy for personal use such as food, clothing, cars, medical care and recreation.
Consumer Spending
Business Investments
Government Spending
Net Exports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

signs that show the condition of something
Indicators
GDP
Inflation
Interest Rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

consumer demand for goods and services starts to slow
Expansion
Peak
Recession
Trough

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

is a system and marketplace for buying and selling stocks
Stock Market
Bond
Unemployment Rate
Productivity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

is the percentage of the civilian labor force that is unemployed
Inflation
Interest Rate
Unemployment Rate
Productivity

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