Economics Review
Authored by Tina Vrachnas
Social Studies
5th Grade
Used 15+ times
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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who uses or buys a good or service
consumer
currency
producer
demands
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The type of money that a country uses to buy or trade things.
goods
resources
opportunity cost
currency
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People’s willingness to buy goods or services.
opportunity cost
demands
consumer
supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Whatever you have to give up getting what you want or need..
demand
scarsity
opportunity cost
currency
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who makes a good or produces a service.
producer
service
supply
consumer
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When there’s not enough of something you need or want.
supply
opportunity cost
demand
scarcity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something people do for other people for money.
service
good
producer
consumer
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