Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
MACRO TEST- Review 1
Test Description: Macro REVIEW
Instructions: Answer all questions to get your test result.
1) A Broadway musical show had its final run, leaving all the actors unemployed.
A
Seasonal
B
Cyclical
C
Frictional
D
Structural
2) Apple builds a new factory.
A
Consumption
B
Investment
C
Not included in GDP
D
Government
3) At the end of the year, a flour millling firm finds that its inventories of grain and flour are $10,000 above the amounts of its inventories at the beginning of the year.
A
Consumption
B
Investment
C
Government
4) Ford motor company buys new auto-making robots.
A
Investment
B
Consumption
C
Government
D
Not included in GDP
5) The United States Government does not have an active role in the Economy.
A
true
B
False
6) The business cycles highest point is _________ period.
A
Peak
B
Trough
7) The business cycles lowest point is the _________.
A
Trough
B
Peak
8) Gross Domestic Product is the only way the government monitors its performance.
A
True
B
False
9) A decrease in the GDP means _______.
A
we are going through a contraction period.
B
we are heading towards a peak.
C
making more and more stuff.
10) Consumer Price Index does not impact my life by__________.
A
the electricity I use
B
what I eat
C
what games I play
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?