Intro to Econ
Quiz
•
History
•
9th - 12th Grade
•
Practice Problem
•
Medium
Caleb Smith
Used 6+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The definition of Scarcity is...
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of these is NOT an example of a need?
Water
Food
Phone
Shelter
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a need?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economics is the study of how people seek to satisfy their needs and wants by making choices.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the fundamental problem of economics?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
things purchased by consumers
goods
consumer
producer
supply
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
not having enough
scarcity
supply
human resouce
taxes
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