
Economics EOY Unit 3 and 4
Flashcard
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard
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40 questions
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1.
FLASHCARD QUESTION
Front
What is a credit score primarily used to determine?
Back
Creditworthiness
2.
FLASHCARD QUESTION
Front
Which factor has the highest impact on your credit score? Options: Number of credit accounts, Payment history, Length of credit history, Credit mix
Back
Payment history
3.
FLASHCARD QUESTION
Front
In a sole proprietorship, who bears unlimited liability for business debts?
Back
The owner
4.
FLASHCARD QUESTION
Front
What type of bank account typically offers the highest interest rate? Options: Checking account, Certificate of deposit, Regular savings account, Money market account
Back
Money market account
5.
FLASHCARD QUESTION
Front
GDP per capita is calculated by:
Back
GDP divided by total population
6.
FLASHCARD QUESTION
Front
Which business structure requires the most complex tax filing? Options: Corporation, Sole proprietorship, Partnership, LLC
Back
Corporation
7.
FLASHCARD QUESTION
Front
The unemployment rate measures:
Back
Those actively seeking employment
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