Practice Expected Outcomes - 4.2 | Chapter: Key Skills for MYP Economics | IB MYP Grade 10: Individuals & Societies - Economics
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does the demand curve illustrate?

πŸ’‘ Hint: Think about the direction it slopes.

Question 2

Easy

Name a factor that can shift the supply curve.

πŸ’‘ Hint: Consider anything affecting production costs.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does the demand curve illustrate?

  • Supply relations
  • Price vs. quantity demanded
  • Cost-benefit analysis

πŸ’‘ Hint: Remember its typical downward slope.

Question 2

True or False: A PPC can show underutilization of resources.

  • True
  • False

πŸ’‘ Hint: Think about efficiency levels in production.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate how the application of tariffs can lead to inflation in an economy, providing real-world examples.

πŸ’‘ Hint: Consider the cause-and-effect relationship of policy and macroeconomic outcomes.

Question 2

Design a research project assessing the local economic impact of a recent global event (e.g., the COVID-19 pandemic).

πŸ’‘ Hint: Think about how to frame your questions and what economic indicators to measure.

Challenge and get performance evaluation