127 - Economics Vocab

127 - Economics Vocab

11th Grade

15 Qs

quiz-placeholder

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127 - Economics Vocab

127 - Economics Vocab

Assessment

Quiz

Social Studies

11th Grade

Easy

Created by

Michelle Szucs

Used 9+ times

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15 questions

Show all answers

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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