eco 1

eco 1

12th Grade

29 Qs

quiz-placeholder

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eco 1

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Assessment

Quiz

12th Grade

Easy

Used 6+ times

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29 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who buys goods and services

consumer
entrepreneur
resource
currency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The using up of a resource

scarcity
supply
services
consumption

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

another word for money

barter
economics
currency
price

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The making, buying and selling of goods and services

economics
inflation
market
barter

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Individuals who come up with a new idea for a good or service, then they make it a reality

resource
human resources
consumer
entrepreneur

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A general increase in prices

price
inflation
scarcity
demand

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The place where goods and services are exchanged

barter
currency
market
resource

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