$100
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GDPBusiness CyclesUnemploymentInflationMisc.$100$100$100$100$100$300$300$300$300$300$200$200$200$200$200$400$400$400$400$400$500$500$500$500$500Misc. - $500-Early 1920s: Post WWI-1930s: During the Great Depression
GDPBusiness CyclesUnemployment
InflationMisc.Unemployment - $300
True of False:The unemployment rate does not have problems or limitations.Inflation - $300
There are three degrees of inflation.Name 1.Misc. - $300
What is one of the limitations of unemployment?GDP - 200
What is GDP?Business Cycles - $200
Definition: Rise and fall of real GDP over time in a non-systematic manner.What is the term?Unemployment - $200
How do you find the unemployment rate?Inflation - $200
What is the difference between real GDP and current GDP?Misc. - $200
A major economic event happened in October of 1929.What was it? GDP- $400
The are 5 income measures included in the National Income and Product Accounts (NIPA).Name 1 of these.Business Cycles - $400
Capital expenditures, inventory adjustments, innovation & imitation, monetary factors, and external shocks are all causes of what?Unemployment - $400
There are several different types of unemployment. Name 1.
Misc. - $400
What is the equation to determine the inflation rate?GDP- $500
The economy is made up of several different sectors. Name 1 of these.Business Cycles - $500
There are two ways to predict business cycles.Name 1.Unemployment - $500
Full-employment is reached when the unemployment rate drops below what number?Inflation - $500
There are several consequences of inflation.Name 1.Misc. - $500
A deflation is a decrease in the general price level. There were two significant deflations in the 1900s:One in the early 1920s, One in the 1930s.These deflations occurred after what two major historical events?