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V. Evaluation Name: Year & Sec: Score: Learning Task No.: Lesson Title: Part I. Direction: Write the definition of the following terms on the space

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V. Evaluation Name: Year & Sec: Score: Learning Task No.: Lesson Title: Part I. Direction: Write the definition of the following terms on the space provided. 1. Business Cycle 2. Unemployment 3. Economic Growth 4. Cyclical Unemployment 5. Inflation 6. Frictional Unemployment 7. Cost-push-inflation 8. Structural Unemployment 9. Demand-pull inflation 10. Seasonal UnemploymentPart II. Direction: In a tabular form compare and contrast the positive and negative effects of inflation to the economy. Positive Negative 1. 1. 2. 2. 3. 3. Explain briefly each item

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