3.2
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| productivity | is output per worker hour that is measured over a defined period of time.
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| gross domestic product | is the output of goods and services produced by labor and property located within a country.
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| gross national product | is the total dollar value of goods and services produced by a nation including goods and services
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| inflation | refers to rising prices. a low inflation rate is good because it shows that an economy is stable.
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| consumer price index | measures the change in price over a period of time oof some 400 specific retail goods and services used by the average urban household
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| producer price index | measures wholesale price levels in the economy. it is often a trendsetter, as a producer prices generally get passed along.
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| expansion | economy is flourishing, sometimes referred to as a period of prosperity.
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| recession | is a period of economic slowdown that lasts for at least two quarters, or six months.
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| depression | period of prolonged recession. nearly impossible to find a job.
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| recovery | renewed economic growth.
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| trough | low point from recession to recovery.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
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Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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