
Economic Terms
Authored by Colleen Puhr
Social Studies
10th Grade
Used 9+ times

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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Value of all goods and services produced within a country's borders in a year
Gross domestic product (GDP)
Gross domestic product per Capita
Gross value added (GVA)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
gross domestic product divided by the population
Gross domestic product (GDP)
Gross domestic product per Capita
Gross value added (GVA)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the measure of the value of goods and services produced in an industry/sector of the economy
Gross domestic product (GDP)
Gross domestic product per Capita
Gross value added (GVA)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the portion of the population that is of working age and actively working or looking for work
labor force
labor group
employable people
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the proportion of the labor force that is not working (ie cannot find jobs/between jobs/etc.)
jobless rate
unemployment rate
dependency ratio
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the rate at which the average prices of goods and services rises in a given period (usually a year)
inflation
deflation
reflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a country receives goods, services, or raw materials into their borders that have been produced or originate in another country
import
export
aux-port
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