Chapter 2 Economics and Finance Quiz

Chapter 2 Economics and Finance Quiz

1st - 5th Grade

29 Qs

quiz-placeholder

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Chapter 2 Economics and Finance Quiz

Chapter 2 Economics and Finance Quiz

Assessment

Quiz

Business

1st - 5th Grade

Practice Problem

Hard

Created by

Samantha Havard

Used 4+ times

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29 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Consumer Price Index (CPI) measure?

The value of exports

Average changes in consumer prices over time

Stock market performance

Interest rate changes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term describes the natural fluctuation of the economy between growth and recession?

Fiscal policy

Economic indicators

Economic cycle

Currency valuation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gross Domestic Product (GDP) measures:

Inflation rates only

Total value of goods and services produced in a country

Interest rates

Trade deficits

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a leading economic indicator?

GDP

Unemployment rate

Stock market performance

CPI

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Currency valuation is primarily affected by:

Bank fees

Monetary donations

Trade balances and interest rates

Stock prices

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A country with more imports than exports has a:

Trade surplus

Trade deficit

Balanced budget

Balanced trade

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supply-side economics encourages growth by:

Increasing consumer demand

Cutting taxes and deregulation

Reducing interest rates

Raising tariffs

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