Econ- Intro to Economics Test A

Econ- Intro to Economics Test A

9th - 12th Grade

50 Qs

quiz-placeholder

Similar activities

Unit 2 US and NC Constitution

Unit 2 US and NC Constitution

8th - 12th Grade

46 Qs

Pembangunan di Indonesia dari Masa ke Masa

Pembangunan di Indonesia dari Masa ke Masa

9th Grade

45 Qs

FIL 06 BANK ANTROPOLOGÍA

FIL 06 BANK ANTROPOLOGÍA

11th Grade

51 Qs

tugas LiCo 2

tugas LiCo 2

7th - 9th Grade

45 Qs

6th. Unit 8 Test Canada Today

6th. Unit 8 Test Canada Today

8th Grade - University

53 Qs

PAS GANJIL PPKN KELAS 9

PAS GANJIL PPKN KELAS 9

9th Grade

50 Qs

EESS_10mo-A_B-UNIDAD_2

EESS_10mo-A_B-UNIDAD_2

10th Grade

51 Qs

ANCAMAN NKRI 23

ANCAMAN NKRI 23

11th Grade

50 Qs

Econ- Intro to Economics Test A

Econ- Intro to Economics Test A

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Jessica Hames

Used 5+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Economics?

Social Science dealing with the study of how people satisfy seemingly unlimited and competing wants with the careful use of scarce resources.

Social Science dealing with the study of how people satisfy limited and competing wants with the use of unlimited resources

Social Science of dealing with the study of how people satisfy limited and competing wants with the use of scarce resources

Social Science of dealing with the study of how people satisfy seemingly unlimited and competing wants with unlimited resources

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the 4 Factors of Production?

Money, Tools, Ideas, Workers

Space, Labor, Land, Money

Land, Labor, Capital, Entrepreneurship

Capital, Labor, Entrepreneurship, Money

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Trade offs involve

Choosing more of one thing to get more of something else

Choosing less of one thing to get less of something else

Choosing less of one thing to get more of something else

None of the Above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Opportunity Cost is define as

The forgone benefit of the next best alternative when scarce resources are used for one purpose rather than another

The forgone benefit of the next best alternative when unlimited resources are used for any necessary purpose

All of the above

None of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The basic problem of economics is…

Scarcity

shortages

lack of choice

overabundance of resources

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To an economist, a want is…

Something you do not have

Something other than a basic survival need

something you must have to survive

something most people have

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As an economic term, land includes…

Work people do

machinery

natural resources

knowledge

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?