Global Business - Economics

Global Business - Economics

10th - 12th Grade

22 Qs

quiz-placeholder

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Global Business - Economics

Global Business - Economics

Assessment

Quiz

Other

10th - 12th Grade

Medium

Created by

Nancy Pintz

Used 83+ times

FREE Resource

22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A buyer's willingness and ability to pay a price for a specific quantity of a good or service.

demand

supply

market

inflation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Relationship between the amount of a resource that is available and the price.

demand

supply

market

inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The point at which supply and demand cross.

inflation point

supply point

market price

crosspoint

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the average prices of goods and services in a country.

deflation

inflation

market price

demand price

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price of silicon used to make computer chips increases is what type of inflation?

cost-push inflation

demand-pull inflation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government prints more money to pay its expenses is what type of inflation?

cost-push inflation

demand-pull inflation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumer borrow more to buy additional goods and services is what type of inflation?

cost-push inflation

demand-pull inflation

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