Explore questions from the economics assessment, and see how the NAEP economics questions relate to student performance.
Try out questions from the 2012 NAEP economics assessment. After answering all the questions, click the Submit button and compare your results to the actual response, and see sample student responses, response commentary, data results, and scoring guides that were used to score responses.
Assume that the daily wage of a worker at Dara's Shop is $100 and that labor is the only cost of production at the shop. To earn the largest profit, how many workers should Dara hire?
A. 1 B. 2 C. 3 D. 4
According to the graph above, which of the following is the equilibrium price for digital cameras?
A. $200 B. $300 C. $400 D. $500
Which of the following actions can the Federal Reserve take to reduce inflationary pressures in the United States?
A. Increase government spending B. Increase the money supply C. Increase interest rates D. Increase taxes
A high rate of unemployment that lasts for several years has economic costs for a nation. What are two of these economic costs?
1)
2)
Suppose that the value of the Japanese yen declines relative to the United States dollar in foreign exchange markets. United States exports to Japan and United States imports from Japan are most likely to change in which of the following ways?
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