Well-Designed Essay Questions Require Students to

question 64

Multiple Choice

Well-designed essay questions require students to

• A) recognize facts and apply elements of complex learning.
• B) respond verbally rather than in writing.
• C) describe concepts and define basic terminology.
• D) recall, organize, and clearly communicate what they have learned.

---

Definitions:

Inflation Rate

The inflation rate is the percentage increase in the general level of prices for goods and services in a country over a period of time.

Money-Supply Curve

A graphical representation of the relationship between the quantity of money in an economy and the price level.

Economy's

The state of a geographic or political region's system of production, consumption, and distribution of goods and services.

Nominal Income

The amount of money income received in a given time period, not adjusted for inflation.