
Macroeconomic Concepts and Indicators

Interactive Video
•
Business, Social Studies, Other
•
9th - 12th Grade
•
Hard

Patricia Brown
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main goals of macroeconomics?
To keep inflation under control
To increase unemployment
To eliminate all imports
To decrease economic growth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the circular flow model illustrate?
The calculation of GDP
The structure of the labor force
The process of inflation
The movement of money, goods, and services in the economy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector is government-funded?
Corporate sector
Public sector
Financial sector
Private sector
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does GDP per capita adjust for?
Unemployment rates
Interest rates
Inflation
Population size
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In macroeconomics, what does investment refer to?
Purchasing stocks and bonds
Saving money in a bank
Buying consumer goods
Business spending on new productive capital
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the income approach to GDP?
Adding up all total factor income earned by households
Calculating the difference between exports and imports
Counting the production added by each sector of the economy
Adding up all business contributions to final goods and services
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is frictional unemployment?
Unemployment due to outdated skills
Unemployment due to a recession
Unemployment due to technological advancements
Temporary unemployment while between jobs
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