Phần 10 Introduction to Economics

Phần 10 Introduction to Economics

University

50 Qs

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Phần 10 Introduction to Economics

Phần 10 Introduction to Economics

Assessment

Quiz

Financial Education

University

Practice Problem

Hard

Created by

Lam (Nilliam)

Used 1+ times

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50 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is a benefit of economic growth?

Improved living standards
Environmental degradation
Increased income inequality
Reduced access to healthcare

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is a characteristic of economic growth?

Reduction in investment opportunities
Increase in the standard of living
Decrease in GDP over time
Decline in technological advancements

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is a determinant of market supply curve but NOT a determinant of an individual seller’s supply?

The number of sellers
Input prices
Expectations
Technology

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is a measure of economic development?

Total government expenditure
GDP per capita
Inflation rate
Population growth rate

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is an example of a final good or service?

lumber purchased by a construction company to used in building houses
a computer purchased by Federal Express to track shipments
coffee beans Starbucks purchases to make coffee
wheat a bakery purchases to make bread

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is an example of a final good or service?

Mobile phones purchased by a retailer for selling to consumers
Wood purchased by a furniture company for making tables
Glass purchased by a car manufacturer for making windshields
Fertilizer purchased by a farm for agricultural purposes

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is an example of a final good or service?

Cement purchased by a construction company for building projects
Aluminum purchased by an aircraft manufacturing company to make airplanes
Televisions purchased by a hotel for guest rooms
Corn purchased by a snack food company to make chips

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