This quiz works best with JavaScript enabled. Home > Incentives > General > Incentives – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Incentives Quiz 7 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Kicker & Super Kicker to be paid basis meeting QPA with minima of ..... protection contribution. A) 15%. B) 12%. C) 18%. D) 20%. Show Answer Correct Answer: A) 15%. 2. The regular cost of a banana split is $ 4.89. Jose has a coupon for 1/3 off the regular price. How much would the banana split cost if he used the coupon? A) $ 1.00. B) $ 32.60. C) $ 3.26. D) $ 1.62. Show Answer Correct Answer: C) $ 3.26. 3. The night before my big test, I should ..... A) Stay up extra late. B) Argue with my sister. C) Go to bed early. D) Eat lots of junk food. Show Answer Correct Answer: C) Go to bed early. 4. What is the final price if you have a clearance sale of 70% off a $ 229.99 bedding set? A) $ 159.99. B) $ 160.99. C) $ 69.00. D) $ 70.00. Show Answer Correct Answer: C) $ 69.00. 5. Scarcity forces people to ..... A) Make Choices. B) Satisfy all their wants and needs. C) Give up opportunity cost. D) None of above. Show Answer Correct Answer: A) Make Choices. 6. Which "G" of Exploration is described below?"Nationalism and desire for gold pushed people to want fame and power for their homeland." A) God. B) Glory. C) Gold. D) None of above. Show Answer Correct Answer: B) Glory. 7. How to Calculate CSI? A) (10%-Sales Commission%) * DAP. B) (10%-Sales Commission%) * NSV. C) (Sales Commission%-10%) * DAP. D) (Sales Commission%-10%) * NSV. Show Answer Correct Answer: B) (10%-Sales Commission%) * NSV. 8. What drives businesses towards action that increases wealth? A) Profit. B) Shareholder satisfaction. C) Satisfies employees. D) Market share. Show Answer Correct Answer: A) Profit. 9. How was Christianity a motivator during the Age of Exploration? A) Desert traders spread Islam along trade routes. B) Missionaries spread Christianity to the natives of the New World. C) Missionaries spread Buddhism into China. D) New ideas spread down the Silk Road. Show Answer Correct Answer: B) Missionaries spread Christianity to the natives of the New World. 10. What affects people's choices and behavior in predictable ways? A) Specialization. B) Consumer sovereignty. C) Incentives. D) Competition. Show Answer Correct Answer: C) Incentives. 11. Financial reasons, such as sales, rebates, and coupons, to buy a particular item. A) Monetary incentives. B) Tax refund. C) Liabilities. D) When the cashier makes a mistake in your favor. Show Answer Correct Answer: A) Monetary incentives. 12. Paul's aunt gives him a birthday gift of $ 700 in cash. Paul deposits the money into an account that earns simple interest at a rate of 4%. Paul makes no withdrawals. How much interest has his account earned after 7 years? A) $ 4, 900. B) $ 19, 600. C) $ 196.00. D) $ 7.00. Show Answer Correct Answer: C) $ 196.00. 13. What is the final price after a $ 10 coupon on a $ 50.00 dinner plus 8% tax? A) $ 43.20. B) $ 42.00. C) $ 46.20. D) $ 35.24. Show Answer Correct Answer: A) $ 43.20. 14. In the PACED Decision-Making Process, you evaluate alternatives based upon what? A) Money available. B) Criteria identified. C) Peer pressure. D) Needs and wants. Show Answer Correct Answer: B) Criteria identified. 15. ..... study of production, employment, prices, and policies (will unemployment rise if there is an increase in taxes) A) Macroeconomics. B) Microeconomics. C) Opportunity Cost. D) None of above. Show Answer Correct Answer: A) Macroeconomics. 16. A good breakfast on the day of the test might be: A) Doritoes. B) Energy drinks. C) Candy. D) Eggs, cereal, or a bagel. Show Answer Correct Answer: D) Eggs, cereal, or a bagel. 17. Last weekend, Emily and Cassandra went to Chili's to eat dinner. Their bill was $ 50.45. Cassandra had a $ 10 off coupon. How much was their total after the coupon was applied? A) $ 40.45. B) $ 42.45. C) $ 50.45. D) $ 30.45. Show Answer Correct Answer: A) $ 40.45. 18. A pair of jeans costs $ 34.00. You have a coupon for 30% off the regular price. How much money will you save if you use the coupon? A) $ 10.20. B) $ 23.80. C) $ 31.00. D) $ 44.20. Show Answer Correct Answer: A) $ 10.20. 19. Love is an example of what type of incentive? A) Monetary. B) Personal. C) Tangible. D) Non-monetary. Show Answer Correct Answer: D) Non-monetary. 20. An economic system answers three questions about goods and services. Which of the following option is NOT one of these questions? A) What to produce?. B) Who receives the products?. C) How to produce?. D) Where to produce?. Show Answer Correct Answer: D) Where to produce?. ← PreviousNext →Related QuizzesIncentives QuizzesIncentives Quiz 1Incentives Quiz 2Incentives Quiz 3Incentives Quiz 4Incentives Quiz 5Incentives Quiz 6Incentives Quiz 8Incentives Quiz 9Incentives Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books