Summer Final Practice part 1 2025

Summer Final Practice part 1 2025

12th Grade

15 Qs

quiz-placeholder

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Summer Final Practice part 1 2025

Summer Final Practice part 1 2025

Assessment

Quiz

others

12th Grade

Practice Problem

Medium

Created by

Eric Sendelbaugh

Used 3+ times

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Media Image

What does this information indicate about investment following the period depicted?

High returns in the economy is growing. Investors should expect lower returns
Low returns the economy is in decline. Investors should expect low returns.
Stock prices to decrease. Economy is in growing. Stocks should remain low.
Stock prices to increase. Economy is declining. Stocks should decline.

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

A hurricane hits the southeastern United States. During that time, citizens have limited access to drinkable water and gasoline for their vehicles and generators. Without Government intervening, what happens to gasoline?

citizens purchase gas substitutes
demand for gasoline will decline
temporary shortage will result in a price decrease
price of gasoline will increase

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

If OPEC announces an oil embargo, what happens?

gasoline prices rise and there is a surplus
gasoline prices rise and there is a shortage
gasoline prices decrease and there is a shortage
gasoline prices decrease and there is a surplus.

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Europe votes to raise tariffs on US Steel, what happens?

they want to increase trade with the US
they want to protect their own steel industry
they want to lower the cost of steel in Europe
they want to raise demand for steel in Europe

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Miguel invests $5,000 in an account that is expected to issue a 2% rate of return. Based on the Rule of 72, what should Miguel expect from this investment?

36 years to double in value
72 years to double in value
in 36 years the investment will decline
in 72 years the investment will decline

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

When a population's wants and needs exceed the productive resources under the population's control what happens?

shortage of goods and services
falling prices of goods and services
surpluses of goods and services
falling demand of goods and services

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Newspaper states "US Officials announce new subsidies for the agricultural industry" What is the intended effect on US agriculture?

Intended to reduce the level of competition domestically.

Intended to help farmers meet demand.

Intended to increase profits by raising prices

Intended to encourage imports to lower domestic costs

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