Economic Concepts Quiz

Where are risky investments taken beyond the rational expectation of returns?

• Stock Market

• Bank Failure

• Overspeculation

• Tariff

What measures how much more expensive a set of goods and services have become over a certain period?

• Inflation

• Tariff

• Stock Market

• Overproduction

What is the term for when governments aim to protect local industries from foreign competition?

• Tariff

• Overspeculation

• Bank Failure

• Overproduction

Where do investors buy and sell shares of companies?

• Stock Market

• Bank Failure

• Overproduction

• Tariff

What is a tax on goods and services imported into a country called?

• Tariff

• Inflation

• Overspeculation

• Stock Market

What is the act of producing more of something than is needed or wanted?

• Overproduction

• Overspeculation

• Inflation

• Bank Failure

What describes a steep and sustained drop in economic activity with high unemployment and negative GDP growth?

• Recession

• Inflation

• Overspeculation

• Overproduction

What happens when a bank runs out of money and cannot give people their deposits back?

• Bank Failure

• Overspeculation

• Tariff

• Stock Market

What is a system of ideas and ideals that forms the basis of economic or political theory and policy?

• Ideology

• Inflation

• Tariff

• Overproduction

What is getting a loan and using the money to invest in more stocks than you could afford with your available cash called?

• Buying on Margin

• Overspeculation

• Bank Failure

• Tariff