Understanding Economic Indicators and Measures Quiz

Tracks the percentage increase in the general price level of goods and services over a specific period.

CCI assesses consumer sentiment, while unemployment measures joblessness in the economy.

Provides a comprehensive measure of a country's economic performance by tallying the value of all goods and services produced.

Characterized by a significant downturn in economic indicators such as GDP, employment, and investment.

Provides insight into the proportion of the labor force currently without employment and actively seeking work.

Forecasts future economic trends based on market performance.

Reflects consumers' perception of economic conditions and their willingness to spend.

Indicates the health of the manufacturing sector, based on factors like production levels, new orders, and supplier deliveries.

Tracks changes in the prices of goods at the wholesale level, offering insights into inflation trends.

Reflects past economic performance rather than predicting future trends.

Represents the total value of goods and services produced within a country, a broad measure of economic health.

Although important, unemployment rate is not included in this composite index, which predicts future economic activity.