Microeconomics Quiz

Microeconomics Quiz

12th Grade

8 Qs

quiz-placeholder

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Microeconomics Quiz

Microeconomics Quiz

Assessment

Quiz

Financial Education

12th Grade

Medium

Created by

Emily Portillo-Sorto

Used 1+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does production refer to in microeconomics?

The number of employees in a firm

The number of units a firm outputs over a given period of time

The profit a firm makes in a financial year

The total investment made by a firm

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does production time in manufacturing refer to?

The amount of time it takes to sell one unit of a product

The number of goods that can be produced in a given period of time

The number of hours the manufacturing facility is open

The time it takes to design a product

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following could be another definition of production time?

The time it takes to transport a product to the market

The amount of time it takes to manufacture one unit of a product

The duration of the product's life cycle

The time spent in marketing a product

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an investment time horizon?

The specific date an investment matures

The period of time one expects to hold an investment until they need the money back

The amount of money one invests in a particular asset

The rate of return one expects from an investment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What largely dictates time horizons in investments?

Economic conditions

Investment goals and strategies

The stock market performance

Interest rates

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the result of an increase in capital per hour according to the text?

Decrease in labor productivity

Increase in labor productivity

No change in labor productivity

Decrease in the number of vehicles produced

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of a financial intermediary?

To provide legal advice to companies

To act as a middleman between two parties to facilitate a financial transaction

To offer insurance services to individuals

To regulate the stock market

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is commonly referred to as a financial intermediary?

Technology companies

Educational institutions

Commercial banks

Non-profit organizations