Economics 14 Practice Quiz

Economics 14 Practice Quiz

11th - 12th Grade

14 Qs

quiz-placeholder

Similar activities

Economics Test Fourteen

Economics Test Fourteen

A/P Inflation

A/P Inflation

Inflation

Inflation

Inflation Review Quiz

Inflation Review Quiz

Inflation

Inflation

Unit 5 Learning Target 3 Practice Quiz

Unit 5 Learning Target 3 Practice Quiz

Inflation Basics

Inflation Basics

Economics 14 Practice Quiz

Economics 14 Practice Quiz

Assessment

Quiz

History

11th - 12th Grade

Medium

CCSS
7.RP.A.3

Standards-aligned

Created by

Travis Declet

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The _______ considers the weighted averages of a group of consumer goods and services.

Consumer price index

Aggregate supply

Producer price index

Aggregate demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following causes of inflation is often described as “too much money chasing too few goods”?

Demand-pull inflation

Cost-push inflation

Demand-push inflation

Cost-pull inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In a country that has a low rate of inflation is that a good economy or a bad economy?

Good economy

Bad economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An increase in the general price level of all goods and services in the economy- everything we buy and consume is the definition of?

purchase price inflation

Buyer price inflation

Customer price inflation

Consumer price inflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is CPI?

Consumer price index

Costumer pay index

Consumer price Income

Costumer pay income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation is...

A general decease in prices and rise in the purchasing value of money.

A decrease in the cost of living.

A general increase in prices and fall in the purchasing value of money.

A decease price of goods and services

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Demand-Pull inflation is...

When price levels rise because of an imbalance in the aggregate supply and demand.

When price levels decrease because of an imbalance in the aggregate supply an demand.

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?