PBMF Ch 2 Economic Activity

PBMF Ch 2 Economic Activity

8th Grade

30 Qs

quiz-placeholder

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PBMF Ch 2 Economic Activity

PBMF Ch 2 Economic Activity

Assessment

Quiz

Business

8th Grade

Practice Problem

Medium

Created by

ERICA YARGER

Used 35+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Central bank regulation of money supply and interest rates.

monetary policy

fiscal policy

commerce

price fixing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Activities involved in buying and selling goods on a large scale.

commerce

fiscal policy

GDP

recession

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All the people in a country who capable of working and want to work.

labor force

unemployment

monopoly

business cycle

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Occurs when two or more businesses in an industry agree to sell the same good or service at the same price.

fiscal policy

price fixing

monopoly

recession

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Alternating periods of expansion and contraction in an economy.

business cycle

recession

commerce

GDP

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rate of change in prices calculated on a monthly or yearly basis.

inflation

business cycle

recession

expansion

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tax and spending decisions made by the President and Congress.

fiscal policy

monetary policy

business cycle

commerce

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