Macroeconomics Test
Unit 3 Macroeconomics Test Project:A game with 30 questions going through the AKS.
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Topics of this game:
- Why do lenders lose money when inflation occurs?
- What indicates that inflation is occurring?
- What does GDP measure?
- Price stability occurs when the rate of ________ is kept low and consistent over an extended period of time.
- How do you calculate GDP?
- What is NOT calculated in the GDP?
- What is investment?
- How do you calculate the amount of net exports?
- GDP is a measurement of _______ goods, because it does not include _______goods.
- What causes changes in the GDP?
- What is the Real GDP per capita?
- What does the Labor force include?
- Who would not be in the labor force?
- What are the three types of unemployment?
- What qualifies as frictional unemployment?
- What qualifies as cyclical unemployment?
- What qualifies as structural unemployment?
- How do you find the unemployment rate?
- Are people in retirement considered to be in the labor force?
- What is the lowest stage of the business cycle?
- What does the business cycle measure and represent?
- What is a recession according to the business cycle?
- When the federal government’s budget when the tax revenue received for a given fiscal year is less than the amount of spending done by the government during that year, what is that called?
- What indicates economic growth?
- What is Stagflation?
- Which of the following is the Aggregate Demand not affected by?
- Who gains from inflation? Why?
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