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C.2 Economics, Skills #1-7 Knowledge Test
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Questions in this quiz (4)
1Who wrote The Wealth of Nations?
- ABretton Woods
- BAdam Smith
- CBenjamin Franklin
- DAlexander Hamilton
2In the United States both privately-owned companies as well as the government have important roles in the economy. This exemplifies a [blank_start]Mixed[blank_end] economy.
- AMixed
- BDemocratic
- CTraditional
- DCapitalist
3Congress has the responsibility for implementing monetary policy.
- ATrue
- BFalse
4The universal economic goals of a society are ____________________.
- Adecreased scarcity, improved economy, reduced wants, increased distribution
- Bnew goods, improved services, government involvement, market control
- Copportunity costs, production possibilities, traditional economy, demand
- Dallocative efficiency, productive efficiency, full employment, equity
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- User has deleted their subject information Quiz on C.2 Economics, Skills #1-7 Knowledge Test, created by Deleted user on 22/02/2021.
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- Deleted user
- Language
- English
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- History
- Created on 22 Feb 2021 · updated on 30 Mar 2021
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