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Economics

Authored by Jillian Hudnall

Social Studies

3rd Grade

Economics
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12 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Income set aside for unexpected expenses

savings

goods

services

producer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who provides a good or service

producer

need

want

consumer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who purchases a good or service

consumer

taxes

supply

good

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount available

supply

demand

import

natural resource

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

how much of a good or service consumers want

demand

spending

producer

scarcity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money paid to the government through income, sales, and purchase of property

taxes

goods

scarcity

human resource

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

goods naturally found on the earth

natural resources

supply

demand

services

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