Economics - Economic Indicators Quiz

Take our Economics Quiz Test to assess your understanding of key economic indicators. Dive into a variety of questions covering GDP, inflation, unemployment, and more to enhance your proficiency.

Topics covered in this Economics - Economic Indicators Quiz

• Gross Domestic Product (GDP)
• Inflation Rate
• Unemployment Rate
• Consumer Price Index (CPI)
• Balance of Trade
• Interest Rates
• Economic Growth
• Fiscal Policy
• Monetary Policy
• Supply and Demand
• Market Structures
• International Trade
• Economic Indicators Analysis

Few Questions in Economics - Economic Indicators Quiz

• What does GDP stand for?
• Which of the following is NOT a component of GDP?
• What does the term 'interest rate' represent?
• Which economic indicator provides insight into a country's international trade balance?
• Which economic theory emphasizes the role of aggregate demand in influencing economic growth?
• Which economic theory advocates for minimal government intervention in the economy?
• Which monetary policy tool involves the purchase or sale of government securities to influence the money supply?
• Which economic term refers to a prolonged period of economic decline with high unemployment and falling output?
• Which economic indicator measures the average change over time in the prices paid by consumers for a basket of goods and services?
• What does the term 'nominal GDP' refer to?
• What is 'Shadow Economy'?