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Praxis II Elementary Education: Content Knowledge (5018) Exam - Social Studies - Economics
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Praxis II Elementary Education: Content Knowledge (5018) Exam - Social Studies - Economics
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5 Questions

1. Which of the following best defines American GDP?
2. The economic theories of John Maynard Keynes are most closely associated with:
3. An action's opportunity cost is best explained in terms of:
4. Assume a society has a given production possibilities frontier (PPF) representing the production of guns and butter. Which of the following would cause the PPF to move outward?
5. What does the data in this table most directly describe?

Inputs

1

2

3

4

Output

20

50

80

100


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