Macro Chapter 6
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| show | the market value of all final goods and services produced within a country during a specific period
🗑
|
||||
| per capita GDP | show 🗑
|
||||
| inflation | show 🗑
|
||||
| show | GDP adjusted for changes in prices
🗑
|
||||
| economic growth | show 🗑
|
||||
| recession | show 🗑
|
||||
| show | the U.S. recession lasting from December 2007 to June 2009
🗑
|
||||
| business cycle | show 🗑
|
||||
| economic expansion | show 🗑
|
||||
| show | a phase of the business cycle during which economic activity is decreasing
🗑
|
||||
| show | outputs that provide benefits without producing a tangible product
🗑
|
||||
| show | goods that firms repackage or bundle with other goods for sale at a later stage
🗑
|
||||
| final goods | show 🗑
|
||||
| gross national product (GNP) | show 🗑
|
||||
| show | the purchase of final goods and services by households, excluding new housing
🗑
|
||||
| show | (1) the process of using resources to create or buy new capital; (2) private spending on tools, plant, equipment, and inventory used to produce future output
🗑
|
||||
| show | spending by all levels of government on final goods and services
🗑
|
||||
| show | are total exports of final goods and services minus total imports of final goods and services
🗑
|
||||
| nominal GDP | show 🗑
|
||||
| price level | show 🗑
|
||||
| show | a measure of the price level that is used to calculate real GDP
🗑
|
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.
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.
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.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
v.virgil
Popular Economics sets