Connections, Conflicts & Compromises Quiz

Connections, Conflicts & Compromises Quiz

10th Grade

52 Qs

quiz-placeholder

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Connections, Conflicts & Compromises Quiz

Connections, Conflicts & Compromises Quiz

Assessment

Quiz

Business

10th Grade

Hard

Created by

Tyrone Silva

Used 1+ times

FREE Resource

52 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main objective of the lesson titled "Connections, Conflicts & Compromises"?

To learn about historical events

To understand the 'bigger picture' of how policies fit together

To study environmental science

To explore ancient civilizations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the potential areas of focus in achieving macroeconomic objectives according to the lesson?

Environmental sustainability

Trade-offs and conflicts

Technological advancements

Cultural heritage

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What effect should a fall in the value of the pound have on imports? And on exports?

Increase in imports, decrease in exports

Decrease in imports, increase in exports

No effect on imports or exports

Increase in both imports and exports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the likely effect of an interest rate rise on the exchange rate and on the balance of payments.

Decrease in exchange rate, worsening balance of payments

Increase in exchange rate, improving balance of payments

No change in exchange rate, no effect on balance of payments

Decrease in exchange rate, improving balance of payments

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Describe two mechanisms/policy instruments that may absorb the impact of an exogenous economic shock.

Monetary policy and fiscal policy

Trade restrictions and subsidies

Currency devaluation and tariffs

Import quotas and export bans

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do imports become less attractive to consumers and businesses?

Imports are cheaper for foreign buyers.

Business production costs decrease.

Imports are more expensive.

Export volumes decrease.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What effect do higher interest rates have on exchange rates?

They decrease the exchange rate.

They attract 'hot money' and increase the exchange rate.

They have no effect on the exchange rate.

They reduce the balance of payments.

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