Economic Factors
Quiz
•
Other
•
12th Grade - University
•
Hard
Used 36+ times
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20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic factors include all of these except for
Currency fluctuations
Interest rates
Discriminate spending
Economic activity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When economic expansion happens..
Consumer confidence increases
Companies are more likely to save
Income levels may drop
Unemployment is high
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does inflation mean?
Overall output of all goods and services
Production, distribution and buying and selling of products and services
The amount of money people have leftover to spend
Increase and decrease of prices of goods and services in relation to the value of money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the economy is contracting,
central banks will decrease interest rates
demand for products will increase
customers will borrow less
businesses will earn more
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these can cause currency to fluctuate?
Economic speculation
Improvement in competitiveness
Purchase price
Employment rate
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Amelia traveled to Europe with USD 512.
How much did Amelia have in Euros?
53529.60
645.12
497.69
399.36
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