QUIZ #2 ECONOMICS
Authored by Andrea Martinez
Social Studies
12th Grade
Used 2+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Neoclassical Economics?
It attempts to explain the production, pricing, consumption of goods of services throught the supply and demand.
It attempts to explain the production, pricing, consumption of goods of services throught the multiplier effect.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many historical periods in macroeconomics were discussed during class?
FOUR
THREE
TWO
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main point of Keynesian Economics?
Healthy economies spend or invest more than they save.
Healthy economies save more than they spend or invest.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is "The Multiplier Effect" ?
Is an economic term that goes proportional with the injection from the government to the final income
Is an economic term that goes proportional with the final income.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Whato does "MPC" means?
MARGINAL PROPENSITY TO CONSUME
MARGINAL PURPOSE TO CONSUME
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