Economics in the UAE

Economics in the UAE

10th Grade

21 Qs

quiz-placeholder

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Economics in the UAE

Economics in the UAE

Assessment

Quiz

Social Studies

10th Grade

Practice Problem

Medium

Created by

Nick Ryan

Used 11+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key concept in this unit?

Global Interactions

Scarcity

Resources

Money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something which is used to produce goods and services.

Resource

Material

Money

Economics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the demand for a good or service is greater than the availability of the good or service. This is the concept of...

Scarcity

Growth

Sustainability

GDP

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an increase in the economy of a country, especially of the value of goods and services that country produces

Economic Growth

GDP

Scarcity

HDI

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the French term which refers to limited government intervention in the market?

Laissez-Faire

Merci

Pous le Vous

A la Carte

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The quantity of a product that a producer is willing and able to sell

Supply

Demand

Scarcity

Sales Strategy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The quantity of a product that a consumer is willing and able to buy

Supply

Demand

Scarcity

Desire

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