Economics: Government Intervention
Authored by Syane Dian
Social Studies
9th - 12th Grade
Used 1+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which one of these is NOT a form of government intervention
Subsidies
Tax
Price controls
Market failure
2.
MULTIPLE SELECT QUESTION
45 sec • 7 pts
Price controls consists of...
Price ceiling
Price floor
Subsidies
Tax
3.
MULTIPLE CHOICE QUESTION
30 sec • 15 pts
Which one of these is the Price Ceiling diagram?
4.
MULTIPLE CHOICE QUESTION
30 sec • 15 pts
Which one of these is the Price Floor diagram?
5.
MULTIPLE SELECT QUESTION
45 sec • 10 pts
Shortage is a condition when...
Quantity supplied is more than the demand
Quantity demanded is equal to the supply
Quantity supplied is less than the demand
Quantity demanded is more than the supply
6.
MULTIPLE SELECT QUESTION
45 sec • 10 pts
Surplus is a condition when...
Quantity supplied is more than the demand
Quantity demanded is equal to the supply
Quantity supplied is less than the demand
Quantity demanded is less than the supply
7.
MULTIPLE SELECT QUESTION
45 sec • 5 pts
What kind of taxes are included in the indirect taxes?
Specific
Ad valorem
General
Dividend
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