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Economics 2

Authored by Carol Garton

Other

4th Grade

Used 23+ times

Economics 2
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This estimates how much money you will make and how much money you will spend over a period of time

budget

expenses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Making sure you have enough money to spend on what you need

budget

financial well-being

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your wages and any other money you earn

income

financial well-being

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your bills and any other money you must pay out over a period of time

income

expenses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Society does not have unlimited resources to fulfill all our needs and wants.

expenses

scarcity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What you choose to purchase with your money. The decisions individuals make about scarce resources.

economic choice

opportunity cost

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What you must give up to get something else.

economic choice

opportunity cost

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