Skip to content
Get started free

Test

Inflation, unemployment and GDP

A classroom activity for 12th-grade students practicing economic concepts related to inflation, unemployment, and GDP. Students answer multiple-choice and sequencing questions, as well as complete sentences, to reinforce understanding of measuring the economy, causes of inflation, the business cycle, and types of unemployment.

By Edform · Economics and personal finance · Grade 12 · Published Oct 15, 2026 · New

A copy is added to your account. Change it however you like.

Questions

  1. Which of the following best describes Gross Domestic Product (GDP)?
  2. Which of the following are common causes of inflation?
  3. Put the following phases of the business cycle in the correct order, starting with the phase after a recession.
  4. Complete the sentence about unemployment: The type of unemployment that occurs when workers' skills do not match available jobs is called _______ unemployment.
  5. Sort the following effects as either likely results of inflation or unemployment.

More like this