Unit 2

Quiz
•
Business
•
9th - 12th Grade
•
Easy
Amy Wolford
Used 5+ times
FREE Resource
22 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is inflation?
When the general level of prices rise
When the general level of prices falls
When prices rise rapidly in response to an event
When a very small increase stimulates the economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is all inflation bad?
Yes, any increase in prices is bad
No, a very small increase can stimulate the economy
Yes, inflation always leads to hyperinflation
No, inflation only affects certain goods
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Consumer Price Index (CPI) measure?
The cost of living index
The amount of goods ordered for a store
The prices of a set of goods over a period of time
The overall health of the stock market
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is GDP?
The total dollar value of all finished goods and services produced in a country in a given time period
The total population of a country divided by its GDP
The average income per person in a country
The total number of unemployed individuals in a country
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ refers to a decrease in price level.
Hyperinflation
Disinflaation
Deflation
Stagflation
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
When prices increase very rapidly
Stagflation
Inflation
Deflation
Hyperinflation
Create a free account and access millions of resources
Similar Resources on Wayground
25 questions
Pay Yourself First - NGPF Unit 7 Investing Review

Quiz
•
9th - 12th Grade
18 questions
Economics - Chapter 3 Review

Quiz
•
10th - 11th Grade
20 questions
Chapter 2 TEST Economics: The Framework for Business

Quiz
•
10th Grade
18 questions
Unit 2 Exam Revisions

Quiz
•
12th Grade
20 questions
BM 2 1.02

Quiz
•
9th Grade - University
17 questions
Inflation

Quiz
•
11th Grade
20 questions
Inflation Understanding Check

Quiz
•
12th Grade
Popular Resources on Wayground
10 questions
Video Games

Quiz
•
6th - 12th Grade
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
10 questions
UPDATED FOREST Kindness 9-22

Lesson
•
9th - 12th Grade
22 questions
Adding Integers

Quiz
•
6th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
20 questions
US Constitution Quiz

Quiz
•
11th Grade
10 questions
Exploring Digital Citizenship Essentials

Interactive video
•
6th - 10th Grade
Discover more resources for Business
13 questions
BizInnovator Startup - Experience and Overview

Quiz
•
9th - 12th Grade
20 questions
Mastering Job Interview Skills

Quiz
•
9th Grade
40 questions
Dave Ramsey - Chapter 3 Review

Quiz
•
12th Grade
10 questions
Marketing Strategies and Concepts

Interactive video
•
9th - 12th Grade
20 questions
Business Essentials Review Unit 1

Quiz
•
9th - 12th Grade