Economics

Economics

10th Grade

13 Qs

quiz-placeholder

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Economics

Economics

Assessment

Quiz

Other

10th Grade

Practice Problem

Hard

Created by

Aly Azmi

Used 1+ times

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13 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The interest rate that a central bank will charge to lend money to commercial banks and on which other financial organisations base their interest rates

Base rate

Bank rate

Central rate

Commercial rate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Being lent money with the requirement to pay it back in agreed period of time, very often with interest

Lending

Borrowing

Loaning

Budgeting

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which country's flag is this?

St. Kitts and Nevis

Dominican Republic

Jamaica

Guyana

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The total population of the Caribbean is approximately:

100 Million

1.4 Million

44 Million

1.2 Billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is needed for survival, such as food, shelter, water and clothing

Basic pay

Basic options

Basic goods

Basic needs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A loan provided in order to prevent payment default

Bailout loan

Mortgage

Personal loan

Public loan

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In this type of economy, the government places control on businesses, but the individual decides what to make. 

Mixed
Market
Command 
Traditional

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