
Economics Final Review
Authored by Lianne Kulik
Other
9th - 12th Grade
CCSS covered
Used 1+ times

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48 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A person who buys goods and services
Tags
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.7.1
CCSS.RL.8.1
CCSS.RL.9-10.2
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The place where goods and services are exchanged
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The idea that resources are limited; we don't have an unlimited supply of what we want
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There is no government intervention whatsoever in a free enterprise economic system.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Human Capital is the knowledge and skills a worker gains through education and experience.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Goods that last for a relatively long time, such as a refrigerator, can be considered an inferior good.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A phenomenon associated with issues in the distribution of public goods is called the "free-rider problem."
True
False
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