Economics SOL Review

Economics SOL Review

8th Grade

22 Qs

quiz-placeholder

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Economics SOL Review

Economics SOL Review

Assessment

Quiz

History

8th Grade

Practice Problem

Hard

Created by

Mara Lambert

Used 29+ times

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which economic factor has most likely determined the price in this picture?

Capital

Scarcity

Demand

Consumption

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This graph shows that from 1931 to 1939, the ........

Government received more money than was spent

amount of money spent decreased every year

government spent more money than it received

amount of money collected increased every year

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This cartoon shows that the Federal Reserve System is.......

the federal government's bank

responsible for legislative purchases

the federal goverment's tax collector

accountable for legislative actions

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which phrase best completes the title of this diagram?

Government Regulation

Industrial Productivity

Business Profit

Consumer Choice

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of economy is being defined?

Command

Free Market

Mixed

Traditional

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

ADvances in technology have increased the number of people needed to.....

develop computer software

teach children in schools

Work on assembly lines

serve in the military

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This table supports the conclusion that a salary....

doubles once a college level is attained

stays the same for the high school levels

grows at the same rate for each level of education

increases as the level of education increases

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