Economics SOL Review

Economics SOL Review

Assessment

Flashcard

History

8th Grade

Hard

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22 questions

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1.

FLASHCARD QUESTION

Front

Which economic factor has most likely determined the price in this picture? Options: Capital, Scarcity, Demand, Consumption

Back

Demand

2.

FLASHCARD QUESTION

Front

This graph shows that from 1931 to 1939, the ........

Back

government spent more money than it received

3.

FLASHCARD QUESTION

Front

This cartoon shows that the Federal Reserve System is.......

Back

the federal government's bank

4.

FLASHCARD QUESTION

Front

Which phrase best completes the title of this diagram?

Back

Government Regulation

5.

FLASHCARD QUESTION

Front

Which type of economy is being defined? Options: Command, Free Market, Mixed, Traditional

Back

Traditional

6.

FLASHCARD QUESTION

Front

ADvances in technology have increased the number of people needed to.....

Back

develop computer software

7.

FLASHCARD QUESTION

Front

This table supports the conclusion that a salary....

Back

increases as the level of education increases

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