Business Organization - Chapter 3.1 Quiz

Business Organization - Chapter 3.1 Quiz

9th - 12th Grade

10 Qs

quiz-placeholder

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Business Organization - Chapter 3.1 Quiz

Business Organization - Chapter 3.1 Quiz

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Nicole Berry

Used 27+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Over time, the United states has experienced four major economic _______.

indicators

shifts

systems

trends

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The United States had an agricultural-based economy during the _______.

1600s

1700s

1800s

1900s

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Figures used to measure economic performance are called economic _______.

indicators

indices

standards

trends

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The total value of the goods and services produced in a country in a given year is called its _______.

economic performance

gross domestic product

national production

standard of living

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The more goods and services produced per person, the higher the _______.

economic performance

gross domestic product

national production

standard of living

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

An increase in the unemployment rate indicates an economy is _______.

picking up

market driven

saturated

slowing down

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

During a time of inflation, a person’s buying power _______.

accelerates

decreases

fluctuates

increases

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