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Economics Concept

Authored by anjas puspita

Other, Social Studies

10th - 12th Grade

Used 10+ times

Economics Concept
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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The demand for a good or service is greater than the availability of the good or service is the concept of

opportunity cost

scarcity

demands of goods

offers of goods

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Below are the examples of macro economics, except...

inflation

national income

unemployment

household demands

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Needs based on the subject are divided into...

individual and group

physical and spiritual

primary and secondary

current and future

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Jessica goes outside for jogging every evening. This is the example of activity to fulfill the ..... needs

primary

group

physical

future

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Luxury goods are classified as...

tersier goods

secondary goods

primary goods

group goods

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Fire and water can be classified as.... goods

economics

free

illith

primary

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Thing that is sacrified in order to choose something else is known as....

scarcity

opportunity cost

economics principle

economics motive

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