Econ Unit 5 FA Dummy 2, 2025-26

Econ Unit 5 FA Dummy 2, 2025-26

9th - 12th Grade

39 Qs

quiz-placeholder

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Econ Unit 5 FA Dummy 2, 2025-26

Econ Unit 5 FA Dummy 2, 2025-26

Assessment

Quiz

Social Studies

9th - 12th Grade

Hard

Created by

Adam Berkowicz

FREE Resource

39 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the total demand for all goods and services in an economy at a given time?

Market Curve

Aggregate Demand

Labor Index

Consumer Wealth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total amount of goods and services buyers are willing and able to purchase at various price levels is known as:

Aggregate Demand

Inflation Curve

Trade Balance

Consumer Index

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refers to the total demand for all final goods and services in a particular economy?

Aggregate Demand

Marginal Cost

Business Investment

Net Exports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A study finds that when interest rates drop, consumer and business spending both increase significantly. Which economic concept does this behavior reflect?

Aggregate Demand

Labor Productivity

Tax Incidence

Supply Elasticity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A government stimulus increases public spending, and shortly after, businesses report higher sales across many industries. What is this an example of?

Aggregate Demand rising

Trade surplus reduction

Increase in supply chain delays

Decrease in fixed capital

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During a recession, economists observe falling wages and lower consumer spending. Which component of the economy is most directly affected?

Aggregate Supply

Aggregate Demand

Monetary Base

National Income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A country reduces personal income taxes, leading to higher consumption and investment. What effect would this have on aggregate demand?

It would remain constant

It would decrease slightly

It would increase overall

It would affect only imports

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