Economic Indicators
star
star
star
star
star
Last updated 3 months ago
7 questions
1
The value of all finished goods and services for a country in a given year is called the
The value of all finished goods and services for a country in a given year is called the
1
Nominal GDP growth can be misleading because it doesn't adjust for
Nominal GDP growth can be misleading because it doesn't adjust for
1
A more accurate measure of GDP growth is _______________ GDP.
A more accurate measure of GDP growth is _______________ GDP.
1
Jobs that are lost because the economy has slowed down represent which type of unemployment?
Jobs that are lost because the economy has slowed down represent which type of unemployment?
1
If self driving cars take over the taxi industry and all taxi and Uber and Lift drivers are out of work because consumers demand self driving taxis instead, this is called _____________________ unemployment.
If self driving cars take over the taxi industry and all taxi and Uber and Lift drivers are out of work because consumers demand self driving taxis instead, this is called _____________________ unemployment.
1
A person who leaves a job, but takes 3 months to find a new job is considered ___________________ unemployed.
A person who leaves a job, but takes 3 months to find a new job is considered ___________________ unemployed.
1
The measure of prices from one period to another is called the
The measure of prices from one period to another is called the