Economic Influences

Economic Influences

12th Grade

15 Qs

quiz-placeholder

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Economic Influences

Economic Influences

Assessment

Quiz

Business

12th Grade

Medium

CCSS
6.RP.A.3B

Standards-aligned

Created by

V Turnbull

Used 60+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is a feature of a weak economic climate?

High levels of consumer spending

Low levels of consumer spending

High levels of employment

Low levels of unemployment

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following demonstrates the impact of a weak pound on a UK business that imports raw materials and exports finished goods?

Imported raw materials dearer and exported finished goods cheaper

Imported raw materials cheaper and exported finished goods cheaper

Imported raw materials dearer and exported finished goods dearer

Imported raw materials cheaper and exported finished goods dearer

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of following is most likely to occur as interest rates fall?

Sales of luxury products increase

Sales of essential products increase

Sales of luxury products decrease

Sales of essential products decrease

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The number of people out of work is called:

Inflation

Unemployment Rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When prices go up:

Inflation

Income Risk

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

According to the table, what is the Euro equivalent of 1 USD?

1.32 Euros

0.53 Euros

.76 Euros

1.59 Euros

Tags

CCSS.6.RP.A.3B

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

According to the table, what is the USD equivalent of 1 Australian?

0.97 USD

1.32 USD

1.28 USD

1.03 USD

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