Unit 2: Economic Indicators and the Business Cycle

/ Unit 2: Economic Indicators and the Business Cycle

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You’ll look at how economic phenomena such as employment and inflation are measured.

Question Difficulty:

Question	Difficulty	Students Solved
Unemployment Rate Calculation	easy	22
Output Gap During a Recession	easy	23
GDP Deflator Measurement	easy	14
Real Versus Nominal Income	easy	12
Real vs Nominal GDP	easy	18
Business Cycle Peak Definition	easy	13
Labor Force Participation Rate Calculation	easy	17
Phases of the Business Cycle	easy	14
Unemployment and Economic Downturns	easy	14
Nominal vs Real Income	easy	8
GDP Deflator and Price Level	easy	11
Limitations Of GDP In Measuring Well-Being	easy	8
Components of the CPI Market Basket	easy	7
Government Spending in the Circular Flow Model	easy	4
Consumption in the Circular Flow Model	easy	8
Consumer Price Index Quality Bias	easy	3
Intermediate Goods in GDP Calculation	easy	2
Types of Unemployment	easy	3
Consumption Spending in the Circular Flow Model	easy	3
Causes of a Recession in the Business Cycle	easy	3

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1 – 20 of 967

Rank	User	Correct Count	Attempt Count	Time	Score
#1	jcbaird17	108	122	7m 26s	10,214
#2	weitaolim986	95	108	0m 00s	9,370
#3	jovita.bhaumik	54	60	0m 00s	5,340
#4	nanxzu	77	90	41m 06s	5,104
#5	kazemy58	51	79	0m 00s	4,820
#6	mateozoretic	49	63	0m 05s	4,755
#7	jia.savla10	36	49	2m 44s	3,306
#8	sararestrepoov	33	40	0m 00s	3,230
#9	eleanorpark	30	36	0m 00s	2,940
#10	thut15846	48	64	33m 42s	2,618

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