
Ch. 13 Economic Challenges
Authored by Megan Taylor
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12th Grade
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12 questions
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1.
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1 min • 1 pt
When people are in between jobs or returning to the work force after a period of time.
2.
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1 min • 1 pt
a general increase in prices is called
3.
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1 min • 1 pt
A measurement that shows how the average price of a standard group of goods changes over time
4.
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1 min • 1 pt
a representative collection of goods and services used by a typical urban consumer
5.
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1 min • 1 pt
the idea that too much money in the economy leads to inflation.
6.
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1 min • 1 pt
says that inflation occurs when producers raise prices in order to meet increased costs for labor and raw materials
7.
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1 min • 1 pt
the way income is distributed among the population, is equal.
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