Unit 1: Introduction to Career Planning Unit Test

Which of the following is an example of a need?

• cell phone

• television

• vehicle

• food

Which of the following is the term for something that you can't live without?

• need

• want

• good

• service

Which of the following is an example of a want?

• air

• food

• water

• cell phone

Which of the following are objects that can fulfill needs or wants?

• economics

• goods

• services

• tools

Which of the following is an example of a good?

• cell phone reception

• books

• housecleaning

• medical attention

Which of the following are the top two job

expectations of people who career plan?

Select the TWO that apply.

• hours and benefits

• coworkers and fun

• type of work and security

Which of the following is an example of a job that would supply a good that would meet a need?

• limo driver

• actor

• farmer

• doctor

Which of the following states the law of supply and demand?

• All things being equal, the higher the price of a good or service, the lower the demand will be for that good or service.

• All things being equal, the lower the price of a good or service, the lower the demand will be for that good or service.

• All things being equal, a provider will be willing to supply more goods or services for a lower price if a lower quantity is sold.

• All things being equal, a provider will be willing to supply fewer goods or services for a lower price if a lower quantity is sold.

Which of the following is the management and regulation of resources?

• economy

• goods

• services

• tools

Which statement most accurately describes what can

happen to jobs in a bad economy?

• More jobs become available as goods and services become more expensive.

• More jobs become available as goods and services become less expensive.

• Fewer jobs become available as goods and services become more expensive.

• Fewer jobs become available as goods and services become less expensive.