Pearson-SS Economics

What do you call the money that you keep to use later?

• Taxes

• Lucky dollars

• Saving

• Loan

Which of the following is a need?

• Warm clothes

• movie ticket

• new bike

• phone

If you are making a choice between buying a game and going to the park for the day, what do you call the thing you do not pick?

• loser

• tough decision

• not fair

• opportunity cost

Someone who MAKES or GROWS goods that consumers want are called a

• income

• service worker

• producer

• resource worker

If you don't have enough money to purchase something what else could you do to get the item?

• steal it

• trade or barter for it

• forget about it

Which is a service worker

• cook

• dentist

• construction worker

• car maker

which one is a producer

• teacher

• tree trimmer

• police officer

• farmer

Choose all of the service workers

• Fire Fighter

• Janitor

• Book Author

• Mayor

What do you call money you borrow from a bank?

• loan

• tax

• service

• saving account

How do you pay for government workers like police officers, fire fighters, and teachers?

• a present

• with penalties

• with taxes

• they are free