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Econ DCA 1st 9 Weeks

Authored by Shelby Ward

Social Studies

12th Grade

Used 53+ times

Econ DCA 1st 9 Weeks
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28 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which one describes a free enterprise society?

Follows customs and traditions

Market sets prices

State owns everything

Individuals exchange goods

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which factor of production is increased by a high school diploma?

Capital Expenses

Human Capital

Land

Physical Capital

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If you decided to buy a fuel efficient car to save on gas, which effect is this an example of?

Learning

Substitution

Complimentary

Income

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which retirement plan has delayed tax benefits and the potential for matching contributions from an employer?

401 K

Banking

Mutual Fund

Certificate Fund

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What are the factors of production?

Land, people, dinosaurs, capital

capital, mushu, people, labor

labor, people, capital, land

land, labor, capitol, entrepreneurship

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What did Adam Smith pioneer

Communism

Free enterprise

Traditional

central market

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a demand determinate?

A new cell phone being released

Godzilla attacks a phone company

Korea makes new laws about phones

Steve Job's ghost appears and demands more money per iPhone.

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