WorksheetsUnit 2 Day 3
Total questions: 15
Worksheet time: 8mins
What are tariffs?
Taxes on imports or exports
Government subsidies for businesses
Regulations on product safety
International trade agreements
Which of the following is a possible effect of trade policies?
Lower prices
Decreased competition
Guaranteed job growth in all areas
Elimination of tariffs
How can trade policies impact competition in the market?
They can increase competition
They always eliminate competition
They guarantee monopoly for local businesses
They have no effect on competition
What is the stock market?
A place where shares of companies are bought and sold.
A place where groceries are traded.
A type of bank account.
A government office for taxes.
A company’s stock price drops sharply. What might be a possible effect on people who do not own any stock?
There could be fewer jobs available.
They will automatically lose money.
They will have to pay more taxes.
Their favorite TV shows will be canceled.
When the stock market grows, which of the following is most likely to happen?
Companies lose money
Jobs increase
Spending decreases
Workers may lose jobs
Explain how a crash in the stock market can affect the overall economy. Choose the best answer.
It causes companies to expand and hire more workers
It leads to increased tax revenue for the government
It may result in companies losing money, workers losing jobs, and decreased spending
It has no effect on jobs or spending
Which of the following is considered a higher risk investment option?
Blue-chip stocks
Mutual funds
Risky start-ups
Government bonds
Compare mutual funds and risky start-ups. Which investment option is more likely to offer diversification?
Risky start-ups
Mutual funds
Blue-chip stocks
Real estate
Who manages mutual funds according to the material?
Individual investors with no experience
Professionals who charge fees
Government officials
Automated robots with no oversight
Which of the following is NOT listed as an important step before investing?
Do research
Compare options
Consider long-term and short-term costs
Ignore all fees
A student wants to invest using an app. What should they do before making an investment, based on the material?
Only invest in the first option they see
Do research, compare options, and consider costs
Invest without thinking about the future
Only ask friends for advice
How do larger economic factors impact job availability?
They determine the number of jobs available in the market
They change the color of uniforms at work
They decide the type of food served in cafeterias
They influence the design of office buildings
Which of the following is NOT typically influenced by larger economic factors?
Financial stability
Savings and investing
Personal hobbies
Job availability
Explain, using reasoning, how large economic forces might shape your financial choices and future goals.
They can affect your ability to save, invest, and find stable employment, which influences your long-term plans.
They only affect the weather, not finances.
They determine your favorite color.
They have no impact on your life decisions.
