economic growth and unemployment

economic growth and unemployment

10th Grade

25 Qs

quiz-placeholder

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economic growth and unemployment

economic growth and unemployment

Assessment

Quiz

Business

10th Grade

Practice Problem

Medium

Created by

Tr. Khine Zar Thwe

Used 1+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic growth can be measured by

a)     The CPI
b)     The CBI
c)     GDP
d)     MPC

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total value of all final goods and services produced in a country in a given year.

Gross Domestic Product

Consumer Price Index

Inflation

Unemployment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic growth measures the

a) Growth of productivity

b) Increase in nominal income

c) Increase in national output

d) None of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The percentage of a nations labour force that is unemployed.

Balance of Employment

Balance of Payments

Unemployment

Employment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of unemployment that occurs as a result of harvest schedules, or when industries make seasonal shifts in their production schedules.

Seasonal Unemployment

Structural Unemployment

Frictional Unemployment

Cyclical Unemployment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of unemployment that occurs when workers skills do not match those needed for the jobs available.

Seasonal Unemployment

Structural Unemployment

Frictional Unemployment

Cyclical Unemployment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unemployment that rises during economic downturns and falls when the economy improves.

Seasonal Unemployment

Structural Unemployment

Frictional Unemployment

Cyclical Unemployment

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