
Economic Instability
Authored by Greg Simms
Social Studies
11th - 12th Grade
Used 21+ times

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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.
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
This is the statistical series of 30 representative stocks used to monitor stock market price changes.
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.
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Approximately this many products make up the CPI.
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.
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.
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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