Intro to Economics
Authored by Susan Gillette
Social Studies
12th Grade
Used 14+ times
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14 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What is an opportunity cost for a student watching a video in class?
They are learning something
The music video they are not watching
They will get in trouble from their parents if they don't
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Economics is the study of.............
The study of money and how we coose to use it
The study of resources and who gets what
the study of people try to meet unlimited wants and needs with scarce resources.
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The condition that results from society not having enough resources to produce all the things people need and want.
Scarcity
Resources
Needs
Wants
4.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
A ______________ is what you need to survive, a __________ is something you would like to have but is not necessary to survive
(a)
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Categories of goods, check all that apply
durable
nondurable
need
consumer
want
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Economic services are not the same as economic goods.
true
false
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An economic product are goods and services that are useful, scarce and _________________ to others
have value
transferable
belong
satisfy
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