What is Cost-Benefit Analysis?

Economics & Factors of Production & Cost-Benefit Analysis

Quiz
•
Other
•
9th Grade
•
Medium
Dalen Howard
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Whenever people decide whether the advantages of a particular action are likely to outweigh its drawbacks
the process of creating a plan to spend your money.
seeing which months your finances may be tight and which ones you'll have extra money
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is budgeting your money?
Whenever people decide whether the advantages of a particular action are likely to outweigh its drawbacks
the process of creating a plan to spend your money.
seeing which months your finances may be tight and which ones you'll have extra money
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is budget forecasting?
Whenever people decide whether the advantages of a particular action are likely to outweigh its drawbacks
the process of creating a plan to spend your money.
seeing which months your finances may be tight and which ones you'll have extra money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The skills of the workforce and the quantity of labour they produce. The reward for ______ is wages.
Land
Labor
Capital
enterprise
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Investment in man-made aids to production including buildings, factories, computers. The reward for _____ is interest.
Land
Labor
Capital
enterprise
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All natural resources including oil, fish, soil, forests. The reward for _____ is rent.
Land
Labor
Capital
enterprise
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What are the three sectors of the economy? CHOOSE THREE.
Primary
Secondary
Tertiary
Quaternary
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