Multiple Choice Questions

Economic growth will likely decline over time.
  • What is one argument against the wealth gap?
  • What is one argument in favor of the wealth gap?
  • What is the best definition of ownership?
  • What is one possible effect of high unemployment in a mixed market economy?
owned by an individual.
  • Private property is land or goods
  • From 2001 to 2011, unemployment in the United States
  • What is the best definition of ownership?
  • is the act of working in exchange for an income.
can help promote personal wealth.
  • In a mixed market economy, property owned by an individual
  • When compared to a mixed-market economy, a command economy typically has
  • What is one argument in favor of the wealth gap?
  • What is one argument against the wealth gap?
Employment
  • is the act of working in exchange for an income.
  • Private property is land or goods
  • A wealth gap is an economic difference between
  • From 2001 to 2011, unemployment in the United States
Wealth Gap
  • Based on this graph, what can be concluded about the economy between 1991 and 2008?
  • The difference in income between the richest and poorest citizens is called the
  • What is one possible effect of high unemployment in a mixed market economy?
  • When compared to a mixed-market economy, a command economy typically has
A lack of income will weaken the buying power for many people.
  • What is the best definition of ownership?
  • What is one argument against the wealth gap?
  • What is one possible effect of high unemployment in a mixed market economy?
  • What is one argument in favor of the wealth gap?
The economy was getting stronger because employment was high.
  • What is one possible effect of high unemployment in a mixed market economy?
  • How can the government reduce the wealth gap in a mixed market economy?
  • Based on this graph, what can be concluded about the economy between 1991 and 2008?
  • Based on this graph, how much wealth did the top 20 percent of the population hold?
a much smaller wealth gap.
  • What is one possible effect of high unemployment in a mixed market economy?
  • When compared to a mixed-market economy, a command economy typically has
  • Based on this graph, how much wealth did the top 20 percent of the population hold?
  • The difference in income between the richest and poorest citizens is called the
sharply increased.
  • A wealth gap is an economic difference between
  • In a mixed market economy, property owned by an individual
  • From 2001 to 2011, unemployment in the United States
  • When compared to a mixed-market economy, a command economy typically has
classes.
  • What is one argument in favor of the wealth gap?
  • A wealth gap is an economic difference between
  • What is the best definition of ownership?
  • From 2001 to 2011, unemployment in the United States
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Multiple Choice Questions
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