Unit 2 Exam Revisions
Authored by Shannon Lane
Business
12th Grade
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
18 questions
Show all answers
1.
OPEN ENDED QUESTION
3 mins • 2 pts
Distinguish between Microeconomics and Macroeconomics
Evaluate responses using AI:
OFF
2.
OPEN ENDED QUESTION
3 mins • 2 pts
Describe two examples of the investment component of GDP
Evaluate responses using AI:
OFF
3.
OPEN ENDED QUESTION
3 mins • 1 pt
Identify the GDP formula.
Evaluate responses using AI:
OFF
4.
OPEN ENDED QUESTION
3 mins • 2 pts
Explain how the money flow from government to firm in the circular flow model?
Evaluate responses using AI:
OFF
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money flows from households to foreign economies when households pay for exports
True
False
6.
OPEN ENDED QUESTION
3 mins • 2 pts
Explain the likely effect of Country A's consumption, government spending and exports component of GDP if the trading partners are having a recession.
Evaluate responses using AI:
OFF
7.
OPEN ENDED QUESTION
3 mins • 1 pt
List the three limitations of GDP as a measurement of economic well-being.
Evaluate responses using AI:
OFF
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?
