Finance Unbox-ED ($) - Grade 3-5 - Session 013 - Assessment 2

Finance Unbox-ED ($) - Grade 3-5 - Session 013 - Assessment 2

1st - 5th Grade

20 Qs

quiz-placeholder

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Finance Unbox-ED ($) - Grade 3-5 - Session 013 - Assessment 2

Finance Unbox-ED ($) - Grade 3-5 - Session 013 - Assessment 2

Assessment

Quiz

Business

1st - 5th Grade

Hard

Created by

Bhairav Shah

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Peak season is a period during which demand for certain goods and services is much higher than other times

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Peak hour is a time in the day during which demand for certain goods and services is much lower than other times

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Prices of goods and services are lower during peak season or peak hour

True
False

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Select all the examples of peak hour

Prices of Uber rides during rush hours of morning and evening
Prices of resorts at holiday destinations during school breaks
Prices of movie tickets for evening shows
Prices of Christmas tree decorations before Christmas

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increase in prices due to peak season or peak hour is not inflation as these prices will go down again when it is not peak season or peak hour

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does GDP stand for?

Goods Domestic Product
Gross Domestic Product
General Domestic Product
Gross Demand Product

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the GDP of a country?

Demand for all the goods and services in a country in one year
Supply of all the goods and services in a country in one year
Quantities of all the goods and services produced by a country in one year
Market value of all the goods and services produced by a country in one year

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