Explore key economic concepts through the 'Economics - The Business Cycle' quiz. This quiz assesses understanding of producers, opportunity cost, scarcity, consumers, demand, and supply, critical for grasping economic dynamics and decision-making processes.
Unemployment statistics
Consumer Price Index
Gross Domestic Product
Rate this question:
Unemployment statistics
Gross Domestic Product
Consumer Price Index
Rate this question:
Inflation
Unemployment
Hyperflation
Deflation
Rate this question:
True
False
Rate this question:
True
False
Rate this question:
Consumers
Producers
Entrepreneurs
Rate this question:
Supply
Demand
Scarcity
Rate this question:
Opportunity Cost
Scarcity
Good
Supply
Rate this question:
Those who are actively seeking work but cannot find a job
Part time workers who wish to work full time
Those who have given up in looking for a job
The retired
Rate this question:
To protect the U.S. oil industry
To decrease the cost of oil
To allow for free trade of oil
Rate this question:
True
False
Rate this question:
Scarcity
Opportunity Cost
Demand
Supply
Rate this question:
Consumer price index
Gross Domestic Product
Unemployment statistics
Rate this question:
True
False
Rate this question:
True
False
Rate this question:
Gross Domestic Product
Unemployment Statistics
Consumer Price Index
Option 4
Rate this question:
How the economy has grown throughout the years
The tax revenues of the country
The price of consumer goods
The tariffs placed on imports
Rate this question:
Lowering taxes and increasing government spending
Raising taxes and decreasing government spending
Raising the discount rate offered to banks
Rate this question:
Gross Domestic Product
Consumer Price Index
Unemployment Statistics
Rate this question:
True
False
Rate this question:
True
False
Rate this question:
Consumer Price Index
Gross Domestic Product
Unemployment Statistics
Rate this question:
Demand
Supply
Scarcity
Rate this question:
Quiz Review Timeline (Updated): Mar 21, 2023 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
Test Your Knowledge On National Pawnbrokers Day!
Step into the realm of National Pawnbrokers Day with our engaging quiz! Test your understanding of the history, significance, and intricate workings of the pawnbroking industry....
Questions:
10 |
Attempts:
65 |
Last updated:
Nov 20, 2023
|
The Reagan Revolution: A Quiz On Reaganomics
Reaganomics, also known as supply-side economics, was an economic policy associated with President Ronald Reagan during the 1980s. This quiz aims to test your knowledge about the...
Questions:
15 |
Attempts:
139 |
Last updated:
Jul 24, 2023
|
How Much You Know About Protectionism?
Do you understand what trade is? Are you familiar with protectionism? Take this protectionism quiz and check your knowledge of the topic. Protectionism is a kind of government...
Questions:
10 |
Attempts:
65 |
Last updated:
Nov 16, 2023
|
Modern Economics In A Global Age Quiz
Do you understand the modern economy? Take this quiz on modern economics in a global age to test your basic knowledge. This is a quiz that comprises some basic and easy questions...
Questions:
10 |
Attempts:
257 |
Last updated:
Aug 16, 2023
|
Malthusian Theory Of Population Change Quiz
Are you a student of economics? If yes, then you might be familiar with the Malthusian theory of population change. The theory shows the direct correlation between population...
Questions:
10 |
Attempts:
646 |
Last updated:
Dec 06, 2023
|
Employment And Unemployment Quiz
How well do you understand the concept of employment and unemployment? Would you like to give this informative quiz a try? Employment and unemployment are two of the most...
Questions:
10 |
Attempts:
723 |
Last updated:
Aug 16, 2023
|
Wait!
Here's an interesting quiz for you.