
Economic Concepts Quiz
Authored by Gary Jameson
Other
University
Used 2+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
26 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reported using constant baseline dollar figures to adjust for inflation and deflation.
Operating systems
Consumer Price Index (CPI) and Gross Domestic Product (GDP)
Nonfinancial incentives
Seasonal price increase
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Lowered to have a long-term impact on the creativity of the workforce.
Budget surplus
Opportunity cost
Deflation
Interest rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Imposed on apartment rents, resulting in rent lower than market rate.
Opportunity cost
Price ceiling
Minimum wage
Score
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Type of unemployment experienced by workers losing their jobs.
Unemployment due to new technology
Cyclical unemployment
Operating systems
Command economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advantage over a debit card is the ability to delay payment.
Budget
Bank loan
Credit score
Credit card
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Forced to make choices among goods and services currently on the market.
Command Economy
Federal Reserve
Government
Budget
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Influenced by the combination of trade and cultural diffusion.
Personal wealth
Command economy
Success of a fast-food chain in China
Marginal utility
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?