Grades 11–12 · Economics
This quiz helps revise “Inflation, GDP and unemployment” in Economics for grades 11–12. It has 25 questions in five categories: Measuring Output, Rising Prices, The Job Market, The Business Cycle, Economic Policy. Questions get harder as the points go up, from 100 to 500.
The 100- and 200-point questions are open here. The rest show only their first words, and there are no answers: all of that is in the game itself.
What measure calculates the total market value of all final goods and services produced within a country in a year?
Which component of national output accounts for roughly seventy percent of the United States economy?
What type of goods…
In the gameWhat figure divides a…
In the gameWhich price index divides…
In the gameWhat term describes a general, sustained increase in prices across an entire economy?
What economic measure represents the quantity of goods and services that can be bought with one unit of currency?
Which monthly statistical measure…
In the gameUnder the Fisher effect…
In the gameWhat extreme crisis occurs…
In the gameIn official statistics, what term describes a person who has no job but is actively seeking paid work?
What group consists of all civilians who are either currently working or actively seeking employment?
What type of joblessness…
In the gameWhich type of joblessness…
In the gameWhat term describes jobless…
In the gameWhat phase of the business cycle is marked by increasing employment, rising consumer spending, and growing output?
In the business cycle, what term describes the lowest turning point, marked on this graph, before output starts rising again?
What term describes a…
In the gameWhat economic condition combines…
In the gameWhich category of economic…
In the gameWhen prices rise too quickly, what borrowing cost do central banks raise to cool down consumer and business spending?
What type of government intervention influences the economy through changes in taxation and public spending?
Which independent institution serves…
In the gameWhich curve, shown here…
In the gameMost major central banks…
In the gameAll 25 questions and the answers are in the game. Invite your class or friends with a link — guests need no account.