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US Global Economics 1.09 Quiz: Dollars and Sense QUESTIONS AND ANSWERS

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US Global Economics 1.09
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April 29, 2025
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2024/2025
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US Global Economics 1.09 Quiz: Dollars
and Sense QUESTIONS AND ANSWERS

1.​ Which great describes price-gain evaluation? - ANSWER-procedure of maximizing
advantages and minimizing fees
2.​ Which great describes why financial indicators are beneficial? - ANSWER-They assist
human beings decide how healthful a country's financial system is.
3.​ Which nice explains why any determination of value ought to cross past counting the
money involved? - ANSWER-Calculations of value and advantage are subjective.
4.​ Which describes the inflation charge? - ANSWER-growth in the average degree of
charges
5.​ Which describes the unemployment fee? - ANSWER-the share of employees who're
out of labor
6.​ Which economic indicator measures inactiveness rather than hobby? -
ANSWER-unemployment charge
7.​ Which economic indicator measures the general cost of products and offerings? -
ANSWER-gross domestic product
8.​ Which is actual of selections made using value-advantage analysis? - ANSWER-The
first-rate choice results within the most benefits with the fewest costs.
9.​ Which suggests that an economic system is stagnating? - ANSWER-The GDP is
neither developing nor shrinking.
10.​Which could boom GDP? - ANSWER-extra exports
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