Practice Evaluation Framework (3.3) - Key Skills for MYP Economics - IB 10 Individuals & Societies - Economics
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Evaluation Framework

Practice - Evaluation Framework

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Define what a tariff is.

💡 Hint: Think about how governments protect local industries.

Question 2 Easy

What is fiscal stimulus?

💡 Hint: Consider government actions during a recession.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the primary purpose of tariffs?

To increase tax revenue
To protect domestic industries
To regulate exports

💡 Hint: Think about why countries use tariffs.

Question 2

True or False: Fiscal stimulus can lead to increased national debt.

True
False

💡 Hint: Consider the financial implications of government spending.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Discuss the trade-offs involved when a government imposes tariffs on imports. What are the immediate benefits and potential long-term drawbacks?

💡 Hint: Think about both sides of the economic equation.

Challenge 2 Hard

Analyze a case where fiscal stimulus was used in response to a recession. What were the outcomes, and what could have been done differently to enhance effectiveness?

💡 Hint: Look at examples like the 2008 financial crisis and the policies implemented afterward.

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