
Unit 1.3 Financial Influencers
Authored by Isabel Yedica
Financial Education
12th Grade
Used 8+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Priya is studying the current situation of her country's economy, looking at factors like employment, inflation, and economic growth. What term best describes what Priya is analyzing?
economic condition
recession
census
globalization
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Oliver runs a small manufacturing business. Over the past six months, he has noticed that his sales have dropped, production has slowed down, and the overall economic activity in his city has decreased. The local news reports that the country's GDP has fallen for two consecutive quarters. What economic term best describes this situation?
economic recession
appreciation
technology
entitlement
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Grace notices that the prices of groceries and other everyday items at her local store have been steadily increasing over the past year. She also finds that her money doesn't buy as much as it used to. What is this situation an example of?
inflation
media
cutbacks
interest
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nora takes a loan from a bank to buy a car. The bank charges her an extra amount for borrowing the money, usually expressed as a percentage of the amount borrowed. What is this extra amount called?
interest
recession
inflation
culture
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Charlotte is conducting a survey to understand the characteristics of people living in her city, such as their age, gender, and income. What is the term for the statistical data she is collecting?
demographics
calculus
globalization
technology
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Harper moves to a new country and notices that people there have different traditions, ways of greeting each other, and unique festivals. What term best describes these shared ideas, customs, and social behaviors?
culture
recession
demographics
interest
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Benjamin works in a factory where he uses machines and scientific methods to improve production. What term best describes what Benjamin is using?
technology
media
culture
economic condition
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