External influences on business 1

External influences on business 1

11th Grade

15 Qs

quiz-placeholder

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External influences on business 1

External influences on business 1

Assessment

Quiz

Others

11th Grade

Easy

Used 2+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of an upswing in the economic cycle?

Decreased consumer spending

Increased unemployment

Increased business investment

Lower profits for businesses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of a downswing in the economic cycle?

Increased consumer spending

Decreased unemployment

Lower profits for businesses

Increased business investment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a fiscal policy the government might use?

Lowering interest rates

Increasing government spending

Deregulating an industry

Encouraging environmental awareness

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a monetary policy the RBA might use?

Increasing taxes

Decreasing government spending

Lowering interest rates

Promoting health consciousness

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of microeconomic reform?

To decrease competition

To increase government regulation

To increase competition and efficiency

To discourage technological innovation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The growing awareness of health and wellness has primarily led to:

Decreased demand for organic food

Increased demand for organic food

Decreased demand for fitness products

Increased demand for unhealthy products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increasing concern for the environment has led to:

Businesses increasing waste production

Businesses adopting sustainable practices

Decreased demand for renewable energy

Businesses ignoring environmental regulations

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