A price index determined by measuring the price of a standard group of goods meant to represent the market basket of a typical urban consumer.
Study Economics Final Exam

Quiz
•
Business
•
9th - 12th Grade
•
Easy
Quizizz Content
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20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Gross Domestic Product
Consumer Price Index
Unemployment
Inflation
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Sophia is starting her own coffee shop. What economic term would best describe Sophia and what does that term mean?
Consumer – a person who uses or consumes goods
Partnership – partner in the lemonade stand
Entrepreneur- - person who takes a risk to start a new company
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Type of unemployment that occurs when workers skills do not match those needed for the jobs available.
Seasonal Unemployment
Structural Unemployment
Frictional Unemployment
Cyclical Unemployment
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
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