Pop Quiz for the new year

Pop Quiz for the new year

9th - 10th Grade

15 Qs

quiz-placeholder

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Pop Quiz for the new year

Pop Quiz for the new year

Assessment

Quiz

Other

9th - 10th Grade

Hard

Created by

Krupa [USG]

Used 29+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What would cause an increase in the problem of scarcity?

A reduction in resources

A reduction in wants

A rise in productivity

A rise in the mobility of resources

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is meant by investment in human capital ?

encouraging immigration of people of working age

paying bonuses to workers to encourage them to increase their output

spending money and time on educating and training workers

upgrading the machines labour works with

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which item is a factor of production ?

the food a farmer produces

the satisfaction a farmer gains from his work

the tractor a farmer drives

the wages a farmer pays his workers

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which form of air is an economic good?

Air at ground level

Air from an air conditioning system

Air above an ocean

Air in a tropical rainforest

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which item used in the production of textiles by a firm would an economist classify as land?

Sewing machines

The factory

Untrained workers

Water taken from a river

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What might be the opportunity cost of using a bus to transport students to school?

Increasing the earnings of the bus company

paying the wages to the driver

paying for the cost of petrol used

transporting a group of retired people on a day out

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is meant by 'labour' in economics ?

Hard physical work used to produce manufactured goods

human mental and physical effort used in producing goods and services

natural resources used in the productive process

risk taking and organising the factors of production

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