Economics Baseline

Economics Baseline

9th - 12th Grade

20 Qs

quiz-placeholder

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Economics Baseline

Economics Baseline

Assessment

Quiz

Social Studies

9th - 12th Grade

Easy

Created by

ZAIRE SINGLETON

Used 9+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

When the quantity supplied is greater than the quantity demanded
a shortage has occurred.
a surplus has occurred.
it doesn't mean anything.
government intervenes.

2.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

A _____ economy's government makes all of the major economic decisions.
traditional
mixed
market
command

3.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

This type of economy discourages new ideas and new ways of doing things.
traditional
market
mixed
command

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A person or organization that uses a product or service is a(n):
consumer
economist
loan shark
debtor

5.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Using income for purchases, expenses, and debt

spending

savings

goods

services

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

things purchased by consumers

goods

consumer

producer

supply

7.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

A person who provides a good or service

producer

need

want

consumer

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