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UD2.6.The economy of the European Union

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

What does the number 1 refer to?

a)

Member states of the eurozone

b)

EU member states not belonging to the eurozone

2.

What does the number 2 refer to?

a)

Member states of the eurozone

b)

EU member states not belonging to the eurozone

3.

Annual percentage increase in general prices that results in a loss of purchasing power among citizens

a)

inflation rate

b)

unemployment rate

c)

currency depreciation

4.

Number of people who are unemployed but seeking work, out of the total active population

a)

inflation rate

b)

unemployment rate

c)

currency depreciation

5.

Loss of value of one currency with respect to others in the money market

a)

inflation rate

b)

unemployment rate

c)

currency depreciation

6.

How many countries make up the EU single market?

a)

25 countries

b)

27 countries

c)

32 countries

7.

What percentage of world production is carried out by the EU?

a)

7.8%

b)

12.5%

c)

18.6%

8.

How much of the world's GDP does EU GDP account for?

a)

10%

b)

30%

c)

50%

9.

When did the recession that hit the EU begin?

a)

2001

b)

2007

c)

2015

10.

When did the EU begin to recover from the recession of the 21st century?

a)

2001

b)

2007

c)

2015

11.

What does EMU stand for?

a)

Economic and Monetary Union

b)

European Monetary Union

c)

European Macroeconomic Union