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1. What does GDP measure?
Language
Useful measurements of the economy
Becomes more stable
The Great Recession can be blamed completely on dead beat borrowers
The devaluation of money
A stable economy
The amount of money spent on products
Increase in the money supply
10. Which of the following statements is FALSE?
Language
Useful measurements of the economy
Becomes more stable
The Great Recession can be blamed completely on dead beat borrowers
The devaluation of money
A stable economy
The amount of money spent on products
Increase in the money supply
What causes inflation?
Language
Useful measurements of the economy
Becomes more stable
The Great Recession can be blamed completely on dead beat borrowers
The devaluation of money
A stable economy
The amount of money spent on products
Increase in the money supply
Which of the following is related to a high unemployment rate?
Language
Useful measurements of the economy
Becomes more stable
The Great Recession can be blamed completely on dead beat borrowers
The devaluation of money
A stable economy
The amount of money spent on products
Increase in the money supply
Which of the following is NOT studied by an economist?
Language
Useful measurements of the economy
Becomes more stable
The Great Recession can be blamed completely on dead beat borrowers
The devaluation of money
A stable economy
The amount of money spent on products
Increase in the money supply
As GDP increases, a nation’s economy -
Language
Useful measurements of the economy
Becomes more stable
The Great Recession can be blamed completely on dead beat borrowers
The devaluation of money
A stable economy
The amount of money spent on products
Increase in the money supply
What is inflation?
Language
Useful measurements of the economy
Becomes more stable
The Great Recession can be blamed completely on dead beat borrowers
The devaluation of money
A stable economy
The amount of money spent on products
Increase in the money supply
9. GDP and the unemployment rate are –
Language
Useful measurements of the economy
Becomes more stable
The Great Recession can be blamed completely on dead beat borrowers
The devaluation of money
A stable economy
The amount of money spent on products
Increase in the money supply
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