Economic Factors

Economic Factors

12th Grade - University

20 Qs

quiz-placeholder

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Economic Factors

Economic Factors

Assessment

Quiz

Other

12th Grade - University

Practice Problem

Hard

Used 36+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Economic factors include all of these except for

Currency fluctuations

Interest rates

Discriminate spending

Economic activity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When economic expansion happens..

Consumer confidence increases

Companies are more likely to save

Income levels may drop

Unemployment is high

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does inflation mean?

Overall output of all goods and services

Production, distribution and buying and selling of products and services

The amount of money people have leftover to spend

Increase and decrease of prices of goods and services in relation to the value of money

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When the economy is contracting,

central banks will decrease interest rates

demand for products will increase

customers will borrow less

businesses will earn more

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

Which of these can cause currency to fluctuate?

Economic speculation

Improvement in competitiveness

Purchase price

Employment rate

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

As inflation increases every dollar in value increases?

True
False

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Amelia traveled to Europe with USD 512.

How much did Amelia have in Euros?

53529.60

645.12

497.69

399.36

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