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WorksheetsMeasuring Economic Activity
Total questions: 20
Worksheet time: 10mins
Name
Class
Date
1.
signs that show the condition of something
a)
Indicators
b)
GDP
c)
Inflation
d)
Interest Rates
2.
market value of all final products produced in a country during a specific time period
a)
Indicators
b)
GDP
c)
Inflation
d)
Interest Rates
3.
GDP of a nation divided by its population
a)
Indicators
b)
GDP
c)
Per Capita GDP
d)
Interest Rates
4.
includes everything people buy for personal use such as food, clothing, cars, medical care and recreation.
a)
Consumer Spending
b)
Business Investments
c)
Government Spending
d)
Net Exports
5.
include purchases made for capital goods and construction.
a)
Consumer Spending
b)
Business Investments
c)
Government Spending
d)
Net Exports
6.
includes spending by national, state, and local governments.
a)
Consumer Spending
b)
Business Investments
c)
Government Spending
d)
Net Exports
7.
are a country’s exports minus imports.
a)
Consumer Spending
b)
Business Investments
c)
Government Spending
d)
Net Exports
8.
is the general rise in prices throughout an economy
a)
Inflation
b)
Interest Rate
c)
Unemployment Rate
d)
Productivity
9.
is the amount a borrower pays to a lender for a loan
a)
Inflation
b)
Interest Rate
c)
Unemployment Rate
d)
Productivity
10.
is the percentage of the civilian labor force that is unemployed
a)
Inflation
b)
Interest Rate
c)
Unemployment Rate
d)
Productivity
11.
is the measure of a worker’s production in a specific amount of time such as an hour, day, or week
a)
Inflation
b)
Interest Rate
c)
Unemployment Rate
d)
Productivity
12.
is a system and marketplace for buying and selling stocks
a)
Stock Market
b)
Bond
c)
Unemployment Rate
d)
Productivity
13.
certificate of debt issued by an organization or government
a)
Stock Market
b)
Bond
c)
Unemployment Rate
d)
Productivity
14.
is a period when the economy is growing and the GDP is rising
a)
Expansion
b)
Peak
c)
Recession
d)
Trough
15.
begins with an increase in customer demand for goods and services
a)
Expansion
b)
Peak
c)
Recession
d)
Trough
16.
marks the end of expansion and is the highest point in the business cycle
a)
Expansion
b)
Peak
c)
Recession
d)
Trough
17.
consumer demand for goods and services starts to slow
a)
Expansion
b)
Peak
c)
Recession
d)
Trough
18.
a period of significant decline in the total output, income, employment, and trade in an economy
a)
Expansion
b)
Peak
c)
Recession
d)
Trough
19.
usually lasts 12 to 18 months, but may be less
a)
Expansion
b)
Peak
c)
Recession
d)
Trough
20.
the lowest stage of a business cycle and marks the end of a recession
a)
Expansion
b)
Peak
c)
Recession
d)
Trough
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