Ch 6 Economic Activity

Ch 6 Economic Activity

11th - 12th Grade

10 Qs

quiz-placeholder

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Ch 6 Economic Activity

Ch 6 Economic Activity

Assessment

Quiz

Business

11th - 12th Grade

Medium

Created by

Lorie Martinez

Used 2+ times

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10 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Market value of all final products produced in a country during a specific time period.

consumer price index (CPI)

gross domestic product (GDP)

interest rate

inflation rate

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Financial well-being of the average person in a country

standard of living

specialization

money supply

monetary policy

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

General rise in prices throughout the economy -

peak

stock market

externality

inflation

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Calculated as the rate of change in prices over a period of time, usually monthly or yearly, and expressed as a percent.

inflation rate

interest rate

consumer price index (CPI)

price-fixing

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Measure of the average change in the prices paid by consumers for typical consumer goods and services over time.

stock market

standard of living

price competition

consumer price index (CPI)

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

The interest rate on a loan is NOT determined by the forces of supply and demand

True

False

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

The total labor force includes civilian workers as well as those who are in the military.

True

False

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