Unit 2 Macroeconomics Issues and Policies

Unit 2 Macroeconomics Issues and Policies

12th Grade

•

25 Qs

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Unit 2 Macroeconomics Issues and Policies

Unit 2 Macroeconomics Issues and Policies

Assessment

Quiz

•

Social Studies

•

12th Grade

•

Easy

Created by

Norma Reyes

Used 17+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 4 pts

Media Image

The four types of economic systems are: 

Traditional, Command, Mixed, & Market
Traditional, Command, Combined, & Market
Communism, Capitalism, Free Market, and Macroeconomics
Microeconomics, Macroeconomics, Individual, and Traditional.

2.

MULTIPLE CHOICE QUESTION

2 mins • 4 pts

Media Image

Which of the following is an economic system in which the government and people are used to decide how to use scarce resources?

Market economy
Command economy
Traditional economy
Mixed economy

3.

MULTIPLE CHOICE QUESTION

1 min • 4 pts

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If I choose to be a fisherman for my town because my father was a fishermen, and my grandfather was a fisherman what economic system is this?

Mixed

Market

Traditional

Command

4.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

Media Image

The Country of North Korea has a dictator that makes all of the economic decisions. What type of economy is this?

Traditional

Market

Command

Mixed

5.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

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The government has little to no role in the production of goods in this type of economy. 

Traditional 
Mixed
Command 
Market

6.

OPEN ENDED QUESTION

3 mins • 4 pts

Media Image

What are the six pillars of the U.S. economy?

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7.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Media Image

This is paid to the Government once a person's income passes a set amount. 

Fees
Wages
Tax
Salary

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