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Economic Instability

Authored by Greg Simms

Social Studies

11th - 12th Grade

Used 21+ times

Economic Instability
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10 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This are systematic changes in real GDP marked by alternating periods of expansion and contraction. 

business cycle
peaks and changes
trend line indicators
business fluctuations

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This is the statistical series of 30 representative stocks used to monitor stock market price changes.

DEZE
DJIA
S&P 500
FDIC

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This is the index used to measure price changes for a market basket of frequently used consumer goods.

CPD
CPU
CPI
GPD

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Approximately this many products make up the CPI.

100
200
300
400

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This is the explanation that prices rise because all sectors of the economy try to buy more goods and services than the economy can produce.

demand-pull inflation
cost-push inflation
producer price inflation
cost-demand inflation

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This is the explanation that rising input costs, especially energy and organized labor drive up the cost of products for manufacturers and thus cause inflation.

demand-pull inflation
cost-push inflation
demand-cost inflation
producer-push inflation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The current rate of unemployment in the United States of America as of September 2020 is...

5%

3.7%

12%

7.9%

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