U.S. Chapter 30 Formative Assessment
Quiz by Brad Poock
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Measure skillsfrom any curriculum
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16 questions
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- Q1Which of the following is the correct term for the charge made by a bank for the use of their money?taxesinterestinflationprofit30s
- Q2In a typical _____, panicked depositors lined up around the block to try to withdraw their money.bank runmarket crashdepressionrecession45s
- Q3Which of the following is the correct term that describes how someone with just $1,000 could borrow $9,000 and buy $10,000 worth of shares?buying on marginloan sharkingoverspeculationdeficit spending45s
- Q4Which of the following is the correct term for a person who sells stock?bouncerbankerbrokerstockman45s
- Q5Which of the following best describes an economic situation in which people are not buying as much as the economy is producing?inflationunderconsumptionoverproductionstagflation45s