Financial Basics Quiz
Authored by Will McAnulty
Business
12th Grade
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The total of all goods and services produced by a country
Gross Domestic Product (GDP)
Consumer Price Index (CPI)
Money
Utility
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Amount of satisfaction received from purchasing something
Gross Domestic Product (GDP)
Consumer Price Index (CPI)
Money
Utility
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Basic unit of exchange in transactions
Gross Domestic Product (GDP)
Consumer Price Index (CPI)
Money
Utility
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Measure of inflation based on prices of goods and services
Gross Domestic Product (GDP)
Consumer Price Index (CPI)
Money
Utility
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When the economy (Real GDP) falls
Contraction
Expansion
Assets
Wealth
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When the economy (Real GDP) does well or grows
Contraction
Expansion
Assets
Wealth
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The total value of all things owned by an individual
Contraction
Expansion
Assets
Wealth
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