
ECONOMICS
Authored by Mejda Dakhlaoui
Education, Business
3rd - 6th Grade
Used 10+ times

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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
………a market in which profit opportunities are eliminated almost instantaneously.
Efficient market
Labor market
Land market
inefficient market
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
……looks at the individual unit - the household, the firm, the industry.
Macroeconomics
Microeconomics
Microeconomics and macroeconomics
The branch of economics concerned with the economy as a whole
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Microeconomics is the branch of economics that examines the economic behavior of aggregates on a national scale.
True
False
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The process that transforms scarce resources into useful goods and services:
Production
Outputs
Inputs
Factors
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Capital goods are goods produced for present consumption.
True
False
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Investment is the process of using resources to produce new capital.
True
False
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Consumer goods are used for further processing.
True
False
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