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SSEMI 2 Test 2 Review

Authored by Tommy Holloman

Social Studies

9th - 12th Grade

Used 4+ times

SSEMI 2 Test 2 Review
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32 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The prices consumers pay are determined by

chance.

producers.

markets.

advertising.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In economics, demand means

willingness and desire to buy a good.

willingness and ability to buy a good.

ability to buy a good.

willingness to buy a good.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Demand curves

slope upward from left to right.

slope downward from left to right.

show a positive relationship.

slope downward from right to left.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following could increase demand for a good?

higher birthrate

increased immigration

higher prices in the future

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A shift of the demand curve represents

a movement on the demand curve.

a change in the quantity demanded.

a change in demand.

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will happen in the car market if consumers expect higher prices in the near future?

The demand for cars will decrease.

The demand for cars will increase.

The supply of cars will drop.

The demand for cars will not change.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the number of buyers in the market increases, which of the following will happen?

The supply in the market will increase.

The demand in the market will decrease.

The demand in the market will increase.

The supply in the market will decrease.

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