Economics Chapter 11

Economics Chapter 11

9th - 12th Grade

8 Qs

quiz-placeholder

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Economics Chapter 11

Economics Chapter 11

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Bethany Garcia

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8 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which are part of the business cycle?

expansion

inflation and debasement of money

peak

socialism

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which are part of the business cycle?

perfect competition

microeconomics

recession

trough

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the value of all finished goods and services produced within a country during a year's time?

base period

cost-push inflation

CPI

GDP

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is arbitrarily given the value of 100 percent?

base period

cost-push inflation

CPI

demand-pull inflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is it when demand becomes greater than the supply?

base period

stagflation

demand-pull inflation

cost-push inflation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is it when high inflation is combined with high unemployment?

stagflation

GDP

Base period

CPI

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures the growth of inflation?

GDP

CPI

NRA

FDIC

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a component of the economy that tends to change prior to the rest of the economy?

boom

supply-side economics

excessive regulation

leading indicator