Economics Unit 1 Test

Economics Unit 1 Test

9th - 12th Grade

12 Qs

quiz-placeholder

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Economics Unit 1 Test

Economics Unit 1 Test

Assessment

Quiz

Social Studies

9th - 12th Grade

Easy

Created by

Logan Genson

Used 12+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 2 pts

Media Image

If a point is on the line, what does it represent?

Product inefficiency

Product efficiency

Product Growth

Production Quality

2.

OPEN ENDED QUESTION

2 mins • 2 pts

Media Image

What does point A on this graph represent?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

2 mins • 2 pts

Media Image

What does point X on this graph mean?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

2 mins • 2 pts

What are the THREE essential economic questions?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

2 mins • 2 pts

A PPC that is a straight line represents what?

Evaluate responses using AI:

OFF

6.

MULTIPLE SELECT QUESTION

2 mins • 2 pts

What is one of the two studies of economics?

Command Economy

Macroeconomics

Microeconomics

Mixed Economy

7.

MULTIPLE CHOICE QUESTION

2 mins • 2 pts

Which economic system is also known as a "free market economy?"

Command Economy

Capitalism

Mixed Economy

Microeconomics

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