Search Header Logo

Post Test Quiz

Authored by Amanda Ramos

Social Studies

12th Grade

Used 4+ times

Post Test Quiz
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

46 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The introduction of new manufacturing technologies generally affects economic growth by —

creating safer work environments

increasing the productivity of labor

restricting growth because of the additional expense

stopping production while workers learn the new technology

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

How does international trade impact economic growth within a trading nation?

International trade allows industries within a trading nation to increase market power without losing customers.

International trade allows a trading nation to limit opportunity costs, making the market more efficient.

International trade shifts the demand curve of a trading nation outward, increasing the purchasing power of industries.

International trade shifts the production possibility curve of a trading nation outward by using resources more efficiently.

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The late twentieth century has been characterized by an increase in free trade agreements. Advocates of free trade argue that it results in —

higher unemployment

increased immigration

lower corporate tax rates

increased economic growth

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Money that has value simply because the government says it does is called —

credit

currency

fiat money

representative money

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Commodity money can best be described as —

trade goods or services between two people without the exchange of money

currency that a government has declared to be legal tender, despite the fact that it has no intrinsic value and is not backed by reserves

a form of money which has an intrinsic value, meaning it is worth something in its own right rather than simply being a token of financial value

money that consists of a token or certificate that can be exchanged for a specific good, such as gold, silver, or potentially water, oil, or food

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

One advantage to using a debit card is that it allows the user to —

A) build a strong credit score

B) repay credit card debts faster

C) access currency without carrying cash

D) purchase goods without having any money

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

One of the disadvantages of operating a barter system is that trading is —

A) taking place without currency

B) carried out in very large markets

C) limited by availability and demand

D) conducted without consumer protections

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?