Ch 118: NMTA Social Science: Inflation & Unemployment

About This Chapter

Let us show you the important concepts about inflation and unemployment to help you prepare for the NMTA Social Science Exam. Our video lessons and self-assessment quizzes give you a few different ways to study, so that you can answer test questions about the Phillips Curve and related concepts correctly.

NMTA Social Science: Inflation and Unemployment - Chapter Summary

Use the lessons in this chapter to refresh your memory about inflation and unemployment, in preparation for the NMTA Social Science Test. The videos go over all the topics you need to study, including:

  • The Phillips Curve Model
  • Factors that cause a shift in the Phillips Curve
  • Economic behavior in the short run
  • The Phillips Curve in the long run

Our experienced instructors present the material in a way that is clear and understandable. By having the information presented through engaging animations and illustrations in the videos, along with corresponding transcripts, the process of preparing for the exam becomes more efficient, effective, and enjoyable.

Objectives of the NMTA Social Science: Inflation and Unemployment Chapter

The NMTA Social Science Exam assesses your skill and expertise in relation to many areas of social science. Your score is used to determine if you can be licensed as a teacher in the state of New Mexico. The topics in this Inflation and Unemployment chapter come under the Economics content domain. This domain accounts for 12% of the test questions. You can gain experience with these types of questions by taking the self-assessment quizzes that accompany the video lessons, and check on how well your studying is going, too.

The NMTA Social Science Exam is composed of 150 multiple-choice items in a computer-based test format. The test presents you with paragraphs and questions followed by several possible answers. Your task is to choose the correct answer from the group presented to you.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the NMTA Social Science (303): Practice & Study Guide course