127 - Economics Vocab
Quiz
•
Social Studies
•
11th Grade
•
Easy
Michelle Szucs
Used 9+ times
FREE Resource
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The desire consumers have for a good or service
Inflation
Demand
Unemployment
Supply
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Downturns in the economy that can be measured by a number of indicators
Interest rates
Inflation
Government revenue
Recession
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Involuntary fees levied on individuals or corporations and enforced by a government entity—whether local, regional, or national—in order to finance government activities
Government revenue
Disposable income
Taxes
Interest rate
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total amount of a good or service available for consumption
Supply
Taxes
Demand
Revenue
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Occurs when a person who is actively searching for employment is unable to find work.
Free-enterprise economy
Inflation
Taxes
Unemployment
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business can be conducted freely with little government interference
Inflation
Free-enterprise economy
Communism
Government revenue
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The general rise in prices
Recession
Disposable income
Inflation
Taxes
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