American Economics

American Economics

7th - 8th Grade

14 Qs

quiz-placeholder

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American Economics

American Economics

Assessment

Quiz

Other

7th - 8th Grade

Hard

Created by

Sarah Iddings

Used 14+ times

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14 questions

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1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What are the three main types of businesses?

proprietorship

partnership

corporation

monopoly

friendship

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does liability effect what type of business is best?

corporations protect owners from personal liability

partnerships protect owners from personal liability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

focused on business, more convenience

banks

credit unions

savings & loans

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

focused on people and community

banks

credit unions

savings & loans

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

focused on real estate

banks

credit unions

savings & loans

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Role of the Federal Reserve

maintain the value of the national currency, the _____________

dollar

banks

inflation

bank

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Role of the Federal Reserve

regulates _____________ to ensure the strength of the banking system.

dollar

banks

inflation

bank

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