American Economics
Quiz
•
Other
•
7th - 8th Grade
•
Hard
Sarah Iddings
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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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