TRIVIATRIVIAEconomicsEconomics

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The three The three macroeconomic goals macroeconomic goals are:are:

full employmentstability

economic growth.

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Unemployment that Unemployment that arises out of an arises out of an overall overall difficulty in demand difficulty in demand in in the economy is called:the economy is called:

CyclicalUnemployment

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The 2 main resources on The 2 main resources on which economic growth which economic growth is dependent on are:is dependent on are:

Capital andLabor

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The social science that deals The social science that deals with the production, distribution, with the production, distribution, and consumption of goods and and consumption of goods and services and with the theory and services and with the theory and management of economies or management of economies or economic systems:economic systems:

Economics

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The total market value of all the The total market value of all the goods and services produced goods and services produced within the borders of a nation within the borders of a nation during a specified period:during a specified period:

GDP

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