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Basic Economic Terms Quiz

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Basic Economic Terms Quiz

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About this activity

Test your knowledge of fundamental economic concepts.

Created by

Jenny Marcela Flórez Montoya
Jenny Marcela Flórez Montoya
Colombia

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Basic Economic Terms Quiz
 

Basic Economic Terms QuizOnline version

Test your knowledge of fundamental economic concepts.

by Jenny Marcela Flórez Montoya
1

1. What does "low interest rates" mean?

2

What is the term for money earned from work or investments?

3

What is the term for the total value of goods and services produced?

4

What is the term for a decrease in the general price level?

5

What is the term for money paid regularly to support government services?

6

What is a market economy?

7

What is "foreign investment"?

8

a "skilled staff" is ______________

9

What does "stable economy" mean?

10

What does “tax incentive” mean?

11

What is the "exchange rate"?

12

What does “government bureaucracy” often cause?

 
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