Search Header Logo

Economics Unit 1

Authored by SHEILA BEDWELL

Social Studies

9th Grade - University

Used 17+ times

Economics Unit 1
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Computers used to produce magazine articles are an example of which type of good?

capital good

consumer good

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Societies are faced with which three basic questions about production of goods?

what, how and why

what, where and when

what, how and for whom

when, where and for whom

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A paper napkin is an example of a _______ because it can only be used once and then is thrown away.

durable good

non-durable good

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An iPhone is an example of a ______ because it lasts a long time and can be used over and over again.

durable good

non-durable good

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP stands for _____ and is a measure of all goods and services made in a country in ______.

Gross Domestic Product; 3 years

Gross Determined Project; 1 year

Gross Domestic Product; 1 year

none of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of economics involves

explaining how people deal with scarcity.

studying how things are made, bought, sold, and used.

explaining how incomes are earned and how jobs are created.

all of the above.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A lawyer does work that could be classified as

a consumer good.

a transferable good.

a service.

a basic need.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?