ECON211 Chapter 1 Review

ECON211 Chapter 1 Review

University

25 Qs

quiz-placeholder

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ECON211 Chapter 1 Review

ECON211 Chapter 1 Review

Assessment

Quiz

Social Studies

University

Practice Problem

Hard

Created by

Lily Holmes

Used 35+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economics is the study of

Business

Choices

Money

Stocks

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is the individual's economic problem?

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT a key feature of the economic perspective?

scarcity and choice

purposeful behavior

Credit/Debit

marginal analysis

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Growth-rate for Japan is predicted to be 5.5% in 2024

macro

micro

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unexpected rain on planet Tatooine results in crop failure. This drives prices of crops up.

Macro

Micro

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Chicago Public Schools increases benefits for teachers

Macro

Micro

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Every chicken dies, resulting in the cost of remaining eggs to skyrocket.

Macro

Micro

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