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Business Economics Questions - All Grades

You can create printable tests and worksheets from these Business Economics questions! Select one or more questions using the checkboxes above each question. Then click the add selected questions to a test button before moving to another page.

College Business Economics
                     Positive economics                      is an analysis that answers the questions, "What is?" or "What will be?"

Answer: Positive economics
Grade 10 Business Economics
When consumers buy less of something at higher prices, the                Price Effect               is being displayed.
College Business Economics
A variable is a small, one-unit change in value.

True or False?


Answer: False. A variable is a measure of something that can take on different values.
A marginal change is a small, one-unit change in value

*Don't get the two confused!*
College Business Economics
Directions: Read the prompt and decide which one of the elements of the economic way of thinking is displayed.

[To explore the relationship between the quantity and price of apples, we must assume that the consumer's income-and anything else that influences apple purchases-doesn't change.]

Answer: Isolate Variables

*The other two are marginal change (thinking at the margin) and using assumptions to simplify.*
Continuing Education Business Economics
The process of making "dirty" money appear to be "clean" is called what?
  1. Anti-money laundering
  2. Money laundering
  3. Bank secrecy
  4. Financial education
Continuing Education Business Economics
The following are examples of cash in transactions:
  1. Money exchanged
  2. Loan payment
  3. Savings deposit
  4. All of the above
Continuing Education Business Economics
If a custmer deposits $11,000.00 this is suspicious
  1. True
  2. False
Continuing Education Business Economics
When completing a CTR worksheet it is important to do the following:
  1. Be accurate and complete
  2. Leave blank spaces
  3. Make up data
  4. Not enter identifying information
Continuing Education Business Economics
The ultimate goal of the Bank Secrecy Act of 1970 is:
  1. To properly identify customers
  2. To create a paper trail
  3. To pass extra laws
  4. Both A and B
Continuing Education Business Economics
For branches open during non traditional hours, a business day starts on Friday at 5:01 pm and ends Monday at 5:00 pm.
  1. True
  2. False
Continuing Education Business Economics
Structuring is breaking down a transaction into parts under the reporting threshold in order to:
  1. Save tax money
  2. Earn interest
  3. Evade BSA reporting requirements
  4. Both A and B
Continuing Education Business Economics
The requirements of the BSA mean that a CTR is filed on every currency transaction over $10,000.00 completed in a single business day where one TIN or EIN benefits from the cash.
  1. True
  2. False
Continuing Education Business Economics
The first stage of money laundering is called what?
  1. Placement
  2. Layering
  3. Integration
  4. All of the above
Continuing Education Business Economics
If Susan does a cash deposit of $5,000.00 in the morning and a $6,000.00 cash withdrawal in the afternoon this is a reportable transaction
  1. True
  2. False
Continuing Education Business Economics
A customer that questions the threshold for filing a CTR is suspicious
  1. True
  2. False
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