
Economics (Mankiw)
Authored by Ira Rachmiati
Social Studies
12th Grade
Used 2+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the circular-flow diagram represent in economics?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes a point inside the production possibilities frontier (PPF)?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the bowed-out shape of the PPF illustrate?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a positive economic statement?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What causes a shift outward in the production possibilities frontier?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do economists use assumptions in models?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a circular-flow diagram, what do firms provide to households?
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