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Grade 12 Quiz on Unit 3 Monetary, Finance and International Econ

Grade 12 Quiz on Unit 3 Monetary, Finance and International Econ

Assessment

Presentation

Social Studies

12th Grade

Practice Problem

Easy

Created by

Marisol Fumar

Used 1+ times

FREE Resource

2 Slides • 15 Questions

1

Quiz Unit 3 Monetary, Finance and
International Economics

By Marisol Fumar

2

Multiple Choice

Which type of inflation occurs when the prices of the factors of

    production go up?

1

Cost-push inflation

2

Demand pull inflation

3

Built in inflation

4

None of the options

3

Multiple Choice

Which important figure of cooperatives focused on mutual support and

lending based on the character and needs of the borrowers?

1

Charles Fourier

2

Friedrich Wilhelm Raiffeisen

3

Rochdale Pioneers

4

Robert Owen

4

Multiple Choice

Which type of cooperative provide various services to their members,

such as transportation, housing, or healthcare?

1

Agriculture cooperative

2

Thrift and credit cooperative

3

Consumer cooperative

4

Service cooperative

5

Multiple Choice

Which EXEMPTION of Gross Domestic Product is unemployment

benefits or social security benefits?

1

Barter

2

Illegal transactions

3

Second hand products

4

Transfer payments

6

Multiple Choice

Robert Owen advocated for "villages of cooperation" where communities

would be self-sufficient and self-governing.

1

True

2

False

3

Maybe

4

Never

7

Multiple Choice

What were the Fenwick Weavers' Society in Scotland provided their members?

1

Benefits

2

Money

3

Oatmeal

4

Porridge

8

Open Ended

Why is it that second hand goods NOT included in the computation of GDP?

9

Multiple Choice

In what way GNP different from GDP?

1

Amount of money remitted

2

The length of time it is calculated

3

Calculated within the country's boundaries

4

Calculated regardless of the location of the citizen

10

Multiple Choice

Which of the following Prime Minister of Thailand started to modernize

Thailand’s economic development?

1

Kriangsak Chamanan

2

General Prem Tinsulananda

3

Police Lieutenant ColonelThaksin Shinawatra

4

Field Marshal Sarit Thanarat

11

Multiple Choice

A Thai citizen has a business in Singapore and he send a monthly allowance

of 65,000 baht to his son studying at Chiang Mai University.

1

Calculated in the GDP

2

Calculated in GNP

3

Calculated in both GDP and GNP

4

Neither is calculated in GDP nor in GNP

12

Open Ended

In what way deflation becomes a problem of the economy?

13

Fill in the Blanks

Type answer...

14

Multiple Choice

In trade balance, a trade deficit can ____________ the currency.

1

appreciate

2

bolster

3

strengthen

4

weaken

15

Multiple Choice

How does politics in a country affect exchange rates?

1

Political instability causes will attract investors taking

advantage of the situation

2

Good governance are attracted investors, leading to a stronger exchange rate

3

Good governance does not need investors as it leads to economic growth

4

Political stability makes good business within the country

16

Multiple Choice

if you expect a currency's value to decrease, you "_______________"

1

go short

2

go long

3

both a and b

4

neither a or b

17

Thank you

Quiz Unit 3 Monetary, Finance and
International Economics

By Marisol Fumar

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