Unit 2 Test Study Guide 2022/23

Unit 2 Test Study Guide 2022/23

12th Grade

37 Qs

quiz-placeholder

Similar activities

Unit 1 Physical Geography Review

Unit 1 Physical Geography Review

9th - 12th Grade

40 Qs

DHS Memory Review Quizizz

DHS Memory Review Quizizz

10th - 12th Grade

35 Qs

Business/Labor Organization

Business/Labor Organization

12th Grade

35 Qs

Unit 3: The Legislative Branch

Unit 3: The Legislative Branch

12th Grade

41 Qs

Intelligence and Testing

Intelligence and Testing

12th Grade

33 Qs

Unit 3 Review

Unit 3 Review

12th Grade

35 Qs

Civics Foundations / Fundaciones civicas

Civics Foundations / Fundaciones civicas

9th - 12th Grade

35 Qs

2nd 6 Weeks World History Test

2nd 6 Weeks World History Test

10th - 12th Grade

35 Qs

Unit 2 Test Study Guide 2022/23

Unit 2 Test Study Guide 2022/23

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Hard

Created by

John Heiser

Used 96+ times

FREE Resource

AI

Enhance your content in a minute

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

37 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When there is a surplus of a good or service in the market prices will _____.

increase

decrease

remain the same

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the Law of Demand, what type of relationship does the price of a product have to the quantity demanded of that product?

inverse

direct

neutral

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does an improvement in technology affect supply of a good?

increases

decreases

no change

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The interaction of supply and demand are called______.

Concepts

Guesses

Theories

Laws

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is it called when the quantity supplied of a product equals the quantity demanded by consumers?

surplus

disequlibrium

shortage

equlibrium

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

There is a _____ relationship between price and quantity supplied in the Law of Supply.

inverse (if price increases, then quantity supplied decreases)

neutral (if price increases, then nothing happens to quantity supplied)

direct (if price increases, then quantity supplied increases)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is something that cannot happen in a market?

Supply and demand will never change

Demand can increase

Supply can increase

Supply can decrease

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?