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Macroeconomics Vocabulary #2 Matching

Last updated 9 months ago

10 questions

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Question 1

1.

Draggable item		Corresponding Item

Question 2

2.

Draggable item		Corresponding Item

Question 3

3.

Draggable item		Corresponding Item

Question 4

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Draggable item		Corresponding Item

Question 5

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Draggable item		Corresponding Item

Question 6

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Draggable item		Corresponding Item

Question 7

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Draggable item		Corresponding Item

Question 8

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Draggable item		Corresponding Item

Question 9

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Draggable item		Corresponding Item

Question 10

10.

Draggable item		Corresponding Item

Match the economic terms with their definitions:

effective

actions to encourage economic growth

economic growth

achieving its intended effect

expansionary policy

rise in goods and services production

Match the terms with their descriptions:

final goods and services

government spending and taxes to affect performance

fiscal policy

consequence of economic activity

externality

end products of production process

Identify the correct definitions for these economic concepts:

GDP per capita

market value of all final goods produced

generalizations

GDP divided by population

Gross Domestic Product (GDP)

statements inferred from causes

Match the following economic definitions to their terms:

fiscal policy

market value by domestically owned production

Gross National Product (GNP)

unintended consequence of actions

externality

government actions with spending and taxes

Relate the economic concepts to their meanings:

GDP per capita

complete merchandise sold to consumers

final goods

exists when impact is achieved

effective

average economic output per person

Connect the economic terms with their respective definitions:

economic growth

strategies to facilitate economic improvement

expansionary policy

total market value of production

Gross Domestic Product (GDP)

increase in a nation's production capabilities

Match economic processes with their implications:

generalizations

producing the desired outcomes

effective

unintended side effects from actions

externality

broad statements derived from observations

Identify the definitions of these economic terms:

fiscal policy

standard of living measure

Gross National Product (GNP)

government budget management strategies

GDP per capita

includes factor income of citizens

Relate these economic terms to their definitions:

economic growth

increase economic activity

expansionary policy

consumed by end users

final goods and services

sustained productivity rise

Connect these economic concepts with their meanings:

externality

total value of produced goods

Gross Domestic Product (GDP)

successfully achieving goals

effective

effects beyond intended outcomes