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Economics Quiz 2

Authored by Carolyn Dupee

Geography

6th Grade

10 Questions

Used 1+ times

Economics Quiz 2
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The type of economy that the United States uses.

mixed

traditional

command

market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Trading items people have for what they want or need.

barter

inflation

currency

money

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money repaid at a certain rate for repaying a debt.

inflation

currency

interest

barter

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of economy where decisions are made based on a group's customs and values.

mixed

traditional

command

market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of economy where all decisions are made by the government like in Cuba or the former Soviet Union.

mixed

traditional

command

market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of economy also called capitalism where consumers and producers make decisions.

mixed

traditional

market

command

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A system of money used for trade in a country or countries.

inflation

interest

currency

services

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