Pop Quiz for the new year
Quiz
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Other
•
9th - 10th Grade
•
Hard
Krupa [USG]
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15 questions
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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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