Economic Indicators Quiz

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10 Questions

What does the Gross Domestic Product (GDP) help assess?

Economic growth rate, standard of living, and economic well-being

What does a high unemployment rate signal?

Economic distress

What does monitoring inflation help central banks do?

Make monetary policy decisions

What does the Consumer Price Index (CPI) measure?

Changes in consumer prices

What can the Producer Price Index (PPI) signal?

Inflationary press

What does the Gross Domestic Product (GDP) help assess?

Economic growth rate, standard of living, and general economic well-being

What does the Unemployment Rate indicate?

Health of the labor market

What does the Inflation Rate erode?

Purchasing power of money

What does the Consumer Price Index (CPI) measure?

Changes in consumer prices

What can the Producer Price Index (PPI) signal?

Inflationary pressure

Test your knowledge of economic indicators with this quiz! Challenge yourself to identify the significance of Gross Domestic Product (GDP) and the Unemployment Rate in assessing the health and well-being of an economy.

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