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MacroEconomics
MacroEconomics
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High School macroeconomics
Flashcards
7 cards
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Practice quiz
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Questions
7
Answers
1
Inflation would MOST likely be the result of a(n)
decrease in consumerspending
increase in the costs ofproduction
decrease in the Gross Domestic Product
increase in theunemployment rate
2
When a nation produces more output with equal or less inputs than before, they have achieved
economic growth
economic stability
economic security
money
3
When inflation AND unemployment are consistenly high during a period, this is known as
deflation
super inflation
stagflation
cyclical unemployment
4
Measuring supply and demand for all a nation's products rather than just one product, measures
demand and supply
business cycles
aggregate demand and aggregate supply
inflation and GDP
5
A US company buys new computers from a US manufacturer.The transaction be included in the
net exports
investment sector
consumer sector
government sector
6
A country's total production output and the dollar value of all final goods and services is
its standard of living
financial capital
a cost-benefit analysis
Gross Domestic Product (GDP)
7
An increase in consumer indebtedness will likely result in a / an
inflation
decreased government spending
increase in aggregate supply
decrease in aggregate demand