WHSS: Unit 1 Quiz 14.8.2022

Sunlight and Air are examples of

• Free Goods

• Economic Goods

• Public Goods

Economic Goods do not generate opportunity cost

• True

• False

If a resource is able to move from one place to another, this is known as being

• Geographically Immobile

• Occupationally Mobile

• Occupationally Immobile

• Geographically mobile

Increase in visa restrictions may make labor more

• Geographically Mobile

• Geographically Immobile

• Occupationally Mobile

Needs and wants are

• Finite

• Infinite

Tools and computers are an example of

• Land

• Labor

• Capital

• Enterprise

Increasing the school leaving age will

• Reduce the labor force

• Increase the labor force

Which one of these may increase the labor force

• Rise in Immigrants

• Wars and Conflict

• Fall in Birth Rates

• Decrease in Retirment age

The most populous country in the world is

• India

• China

• Russia

• Pakistan

An increase in wage rates may

• Increase Labor force

• Decrease the Labor Force