Chapter 2 Economic Activity Vocab. Review

Chapter 2 Economic Activity Vocab. Review

9th - 12th Grade

20 Qs

quiz-placeholder

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Chapter 2 Economic Activity Vocab. Review

Chapter 2 Economic Activity Vocab. Review

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Easy

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A general decline in prices in an economy.

Inflation

Deflation

Stagnation

Recession

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The activities involved in buying and selling goods on a large scale.

Commerce

Trade

Retail

Barter

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A period when the economy is growing and the GDP is rising is referred to as.

Recession

Stagnation

Expansion

Depression

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Promotes fair trade and competition among businesses.

Antitrust laws

Trade regulations

Market stabilization policies

Consumer protection laws

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A certificate of debt issued by an organization or government.

Stock

Bond

Equity

Note

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A general decline in prices throughout an economy.

Inflation

Deflation

Stagnation

Recession

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP stands for

Gross Domestic Product

General Data Protection

Global Development Plan

Gross Domestic Price

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