Font size
WorksheetsEcon Unit 2 Exam
Total questions: 15
Worksheet time: 8mins
What is the largest influence on a family's purchasing power?
GDP
Inflation
Stock value
Trade balance
What is a healthy level of unemployment?
3-6%
7-9%
What measure inflation?
Consumer price index (CPI)
Gross domestic product (GDP)
What measures economic growth?
CPI
GDP
The GDP of a Canada would most likely be affected by which of the following?
An increase in Canadian companies moving to America
A decrease in American productivity
Which of the following people is considered to be unemployed?
Clay lost his job and gave up looking for work
Becca graduated from college and is looking for her first job
What is the NYSE?
A measure of a country's total GDP.
A stock market where shares are bought and sold
What measures the value of 30 large publicly traded companies in the US?
NYSE
Dow Jones
Which of the following would represent an economic contraction?
GDP going down
Inflation remaining stagnant
Unemployment going down
The Dow Jones Index going up
True or False: investing in multiple companies minimizes the risk of investing in stocks
(a)
What comes after a trough?
Expansion/recovery
Contraction/recession
During an economic contraction, unemployment rate would...
Rise
Fall
When would consumer confidence increase?
During an expansion
During a contraction
What is the largest stock market in the world?
NYSE
NASDAQ
How does an investor make money off a stock purchase?
Dividends
Capital appreciation
