Unit 2 Quiz

Unit 2 Quiz

9th - 12th Grade

20 Qs

quiz-placeholder

Similar activities

World History Ch1 Review

World History Ch1 Review

10th Grade

15 Qs

Ancient Greece

Ancient Greece

9th - 12th Grade

15 Qs

Melania Trump

Melania Trump

KG - 12th Grade

15 Qs

QUIZZ SOCIAL 9

QUIZZ SOCIAL 9

9th Grade

15 Qs

Hungary Quiz

Hungary Quiz

9th Grade

16 Qs

BJU World History Ch 15 Age of Reason

BJU World History Ch 15 Age of Reason

10th Grade

20 Qs

BADMINTON

BADMINTON

10th - 11th Grade

25 Qs

Unit 7 Review

Unit 7 Review

11th - 12th Grade

20 Qs

Unit 2 Quiz

Unit 2 Quiz

Assessment

Quiz

History

9th - 12th Grade

Hard

Created by

Mara Rozzi

FREE Resource

AI

Enhance your content in a minute

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

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which definition belongs to Macroeconomics? 

financial, or business variable that it is associated with

Studies the behavior of a country and how its policies affect the economy as a whole.

GDP

Studies individuals and business decisions

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which definition belongs to Microeconomics? 

An increase in price results in an increase in quantity supplied

Production and Consumer interaction model

Studies the behavior of a country and how its policies affect the economy as a whole.

Study of decisions made by people and businesses regarding the allocation of resources and prices of goods and services

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

GDP stands for what? 

Gross Domestic product

Gross Defense product

Growing Domestic Product

Gross Defense Population

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

GDP is defined as 

An increase in price results in an increase in quantity supplied

Depletion of available resources

the total value of goods produced and services provided in a country during one year.

Economics

5.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

What are the four main indicators of economic health? Select all that are correct 

Unemployment rate

Inflation

GDP

Price Index

Economics

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which definition is correct for Real GDP? 

The dollar price of GDP in a base year’s price, used to compare changes in GDP from one year to the next. An increase in real GDP is an increase in economic growth.

Depletion of available resources

GDP that is not adjusted for inflation. The value of goods and services in current prices.

Currency value of all final goods and services produced within a country in a given period of time

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which definition is correct for Nominal GDP? 

Partnership, Entrepreneurship, Money, Corporation

Economics

The dollar price of GDP in a base year’s price, used to compare changes in GDP from one year to the next. An increase in real GDP is an increase in economic growth.

GDP that is not adjusted for inflation. The value of goods and services in current prices.

Access all questions and much more by creating a free account

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?