Principles of Business Chapter 2 Test

Principles of Business Chapter 2 Test

9th - 12th Grade

35 Qs

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Principles of Business Chapter 2 Test

Principles of Business Chapter 2 Test

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Dusty Baumann

Used 45+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Consumer Price Index (CPI) measures?

inflation

consumer debt

retail sales

interest rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________ occurs when a government spends less than it takes in

budget deficit

budget shortage

budget over-run

budget surplus

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There has never been a true depression in the United States

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bond represents a debt for an organization

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All people above 16 who are actively working or seeking work make up the _________

unemployment rate

creditor pool

labor force

labor organization

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you want to save money at a savings institution, you would be most interested in the __________

prime rate

discount rate

certificate of deposit

T-bill rate

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gross Domestic product (GDP) is the dollar value of all

final goods and services produced in a country during one year

goods and services produced in a country during one year

intermediate and final goods and services produced in one year

final goods and services produced in or imported in to a country during one year

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