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AP Macroeconomics Quizzes
> AP Macroeconomics : Unemployment and Inflation Quiz
AP Macroeconomics : Unemployment and Inflation Quiz
Quiz
*Theme/Title:
Unemployment and Inflation
* Description/Instructions
Unemployment occurs when labor is underutilized and the economy is below full potential. Inflation typically occurs when the economy is overheated and results in an arbitrary redistribution of wealth as well as misallocation of resources.
Group:
AP Macroeconomics
AP Macroeconomics Quizzes
Topic:
AP Macroeconomics
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Unemployment and Inflation