Business Review

Quiz
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Other
•
8th Grade
•
Medium
Cynthia Glenn
Used 15+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An individual who undertakes the creation, organization, and ownership of a business.
Partnership
Entrepreneur
Manager
CEO
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Multiple Choice
Economic Growth is:
Rise over time in a nation's production of goods and services
How fast a bull market changes
A conflict between wages and prices
Not important to the overall health of a country
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Multiple Choice
The equilibrium point is the point where:
Supply is a shortage
There is a surplus, top of supply curve
Supply and demand curves cross
The Demand is low.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When price increases the want for the good decreases. This is what?
The Law of Supply
The Law of Demand
Market Demand
Free Market
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of someone who provides a good and a service
firefighter
Nurse
Dentist
Baker
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An independent central bank is:
A bank that loans money to families for mortgages
A bank that handles the activities of investors and companies
A bank that handles deposits, loans and processes checks
A central bank that handles monetary policy, free from the influence of legislators
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Liquidity is:
When assets cannot be converted to cash quickly
When assets can be converted to cash quickly
Not necessary to take out a mortgage
When assets are tied up in court cases
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