PAEA EOC 2025 FINAL STUDY GUIDE 2026
SOLVED QUESTIONS FULLY CORRECT
⫸ Bull market Answer: A market in which share prices are rising,
encouraging buying.
⫸ Buying on Margin Answer: paying a small percentage of a stock's
price as a down payment and borrowing the rest
⫸ Speculation boom Answer: People bought stocks on the chance of a
quick profit but ignoring the risks.
⫸ Smoot-Hawley Tariff Answer: An act sponsored by Senator Reed
Smoot and Representative Willis C. Hawley.
⫸ Black Tuesday Answer: Share prices on the New York Stock
Exchange completely collapsed, becoming a pivotal factor in the
emergence of the Great Depression.
⫸ Bonus Expeditionary Force Answer: An army led by Walter W.
Waters
⫸ Gross National Product (GNP) Answer: A broad measure of a nations
total economic activity.
SOLVED QUESTIONS FULLY CORRECT
⫸ Bull market Answer: A market in which share prices are rising,
encouraging buying.
⫸ Buying on Margin Answer: paying a small percentage of a stock's
price as a down payment and borrowing the rest
⫸ Speculation boom Answer: People bought stocks on the chance of a
quick profit but ignoring the risks.
⫸ Smoot-Hawley Tariff Answer: An act sponsored by Senator Reed
Smoot and Representative Willis C. Hawley.
⫸ Black Tuesday Answer: Share prices on the New York Stock
Exchange completely collapsed, becoming a pivotal factor in the
emergence of the Great Depression.
⫸ Bonus Expeditionary Force Answer: An army led by Walter W.
Waters
⫸ Gross National Product (GNP) Answer: A broad measure of a nations
total economic activity.
