Economics
Quiz
•
4th Grade
•
Easy
Lukas Stoj
Used 9+ times
FREE Resource
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25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
EARNING AN INCOME MEANS THAT YOU TRADE YOUR TIME AND EFFORT FOR MONEY
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
GOOD AND SERVICES ARE THINGS PEOPLE BUY
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
NEEDS ARE THE MOST IMPORTANT THINGS PEOPLE SPEND MONEY ON
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
PEOPLE MAKE CHOICES ABOUT WHAT THEY BUY BECAUSE THEY HAVE A LIMITED AMOUNT OF MONEY
TRUE
FALSE
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
PEOPLE CAN HAVE ALL OF THE GOODS AND SERVICES THEY WANT
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
OPPORTUNITY COST IS WHEN YOU GET A CHANCE TO BUY SOMETHING ON SALE
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
PRODUCERS AND CONSUMERS ARE ALWAYS TWO DIFFERENT PEOPLE
TRUE
FALSE
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