
Economics Final
Authored by Kendra Snoblen
Social Studies
10th - 12th Grade
Used 6+ times

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36 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which direction will the demand curve shift to show an increase in demand?
Left
Upward
Right
Downward
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
An oven at a bakery is an example of which factor of production?
labor
entrepreneurship
natural resource
capital
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
As prices increase demand...
decreases
escalates
increases
stays the same
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A printer and ink cartridges would be an example of what kind of good?
Complimentary
Demanded
Substitute
Natural
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are unions?
Clubs that workers can join
An organization of workers to protect worker interests
A group of workers who all do the same job
A friendly association of workers and business owners
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a strike?
When workers protest
When workers refuse to purchase products
When workers refuse to work
When workers are not allowed to work
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a lockout?
When workers protest
When workers refuse to purchase products
When workers refuse to work
When workers are not allowed to work
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