Classic Classic Quiz Economics by SeanBates SeanBates 735 played - 11 yrs ago A trivia game about economics QUIZ 10 QUESTIONS hard Economy 1 The following graph is a representation of what? Linear CurveTime GraphSupply & Demand 2 An artificially scarce good is excludable but nonrival in consumption. TrueFalse 3 _______ cost is equal to average total cost at the ________ cost output. Average total, average fixedMarginal, minimumVariable, maximum 4 What must a small business disclose to a lender before it can obtain a loan? Personal tax statements and assetsPersonal credit report and tax statementsBusiness plan and profits 5 This man suggested a tax on whiskey distillers in 1791 to raise federal revenue. It was enacted and led to rebellion in 1794. Who is he? Alexander HamiltonGeorge WashingtonJohn Adams 6 Demand for exotic vacations goes down when mortgage rates go down. TrueFalse 7 Cable rates have increased annually by how much? 3%4%5% 8 The alternation between recessions and expansions is known as the ________ cycle. UnemploymentPeak businessBusiness 9 Choices are unnecessary because resources are scarce. TrueFalse 10 The Federal Reserve System was created in what year? 191319141915 A mistake in this Quiz ? Contact the author Commentaires
