Key Economic Terms

Key Economic Terms

8th - 12th Grade

17 Qs

quiz-placeholder

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Key Economic Terms

Key Economic Terms

Assessment

Quiz

Social Studies

8th - 12th Grade

Medium

Created by

Alice Aichele

Used 127+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost is

what is given up

the demand for a good / service

the want for a good / service

the result of an action / choice

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of "cost"?

effort

time

results

money

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things don't have costs ______ do.

people

places

choices

thoughts

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

T/F: One cost of watching a movie is time.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ consequences are results that were not expected.

unbiased

unfair

unintended

unrealistic

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Another world for "consequence" is _______

cost

market

property

result

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

T/F: A consequence can be positive.

True

False

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