Crash Course Economics Quiz

What is the main focus of economics?

• The study of money and getting rich

• The study of the stock market

• The study of people and choices

• The study of men in bow-ties forecasting

What is the opportunity cost of watching this video?

• The value of the next best alternative

• The cost of the video itself

• The time spent watching the video

• The benefit of watching other videos

What is the role of politics in economics?

• To push a liberal anti-military policy

• To push an anti-business liberal agenda

• To adjust theories supported by data and understanding of incentives

• To solve all of our problems

What is the difference between macroeconomics and microeconomics?

• Macroeconomics studies the overall economy, while microeconomics focuses on individual choices

• Macroeconomics studies individual choices, while microeconomics focuses on the overall economy

• Macroeconomics studies the stock market, while microeconomics focuses on money

• Macroeconomics studies the government, while microeconomics focuses on businesses