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Economics

Authored by Victoria Turchiano

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Economics
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is defined as the branch of knowledge concerned with the production, consumption, and transfer of wealth?

Business Administration

Finance

Economics

Social Science

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the USAs GDP in 2023?

$27.7T

$17.9T

$4.5T

$21.3T

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As of Feb. 2025 what was the US unemployment rate?

2.4%

3.5%

4.1%

7.1%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to BLS, the price of a dozen eggs increased how much between Jan 2024 and Jan 2025?

37%

44%

68%

96%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does PPI standfor?

Producer Price Index

People Purchasing Index

Phased Purchase Index

Producer Production Index

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Economics" is ultimately derived from ancient Greek meaning for the "way to run a..." what?

Country

Household

Wallet

Business

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Adam Smith, sometimes called the "father of economics" wrote which famous book?

The General Theory of Employment

The Road to Serfdom

Principles of Economics

The Wealth of Nations

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