Malcom Econ Final
Quiz
•
Social Studies
•
8th - 12th Grade
•
Medium
Julie Malcom
Used 31+ times
FREE Resource
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45 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Juliette lost her job as a soda bottler to a robot. What kind of unemployment is this?
frictional
structural
seasonal
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define economics
How people deal with investment alternatives
How people deal with the problem of scarcity
How the government controls the money supply
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Does the GDP count finished, new goods that are sold?
yes
no
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Does the GDP count raw materials?
yes
no
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Does the GDP count illegal economic activity?
yes
no
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
.Does the GDP count USED goods? (like used cars or things sold at a garage sale?)
yes
no
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is hurt most by inflation?
Households with debt
Workers in growth industries
People on a fixed income
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