Crash Course Economics Quiz

Who are the hosts of Crash Course economics?

• John and Hank Green

• Jacob Clifford and Adriene Hill

• Statler and Waldorf

• Kermit and Miss Piggy

According to Alfred Marsh, what is economics a study of?

• The stock market

• Men and women

• Money and wealth

• People and choices

What is the opportunity cost of watching a video?

• The time spent watching the video

• The cost of the video

• The value of the next best alternative

• The benefit of watching the video

What is the role of politics in economics?

• To create a pro-business conservative environment

• To guide public policy using economic theory

• To solve all problems through the free market

• To push a liberal anti-military policy

What is the main focus of macroeconomics?

• Analyzing individual business decisions

• Predicting GDP

• Measuring unemployment

• Studying the economy as a whole

What is the main focus of microeconomics?

• Analyzing individual business decisions

• Studying the economy as a whole

• Measuring unemployment

• Predicting GDP

What is the opportunity cost of building more aircraft carriers?

• Consumer goods

• Social services

• Military spending

• Hospitals, schools, and roads

What is the main goal of healthcare according to economists?

• To provide the most effective care at the lowest cost

• To build more hospitals

• To increase the number of doctors

• To spend more money

What is the main focus of economics?

• The study of money and getting rich

• The study of people and choices

• The study of the stock market

• The study of men in bow-ties forecasting markets

What is the cost of watching a video?

• The video you're not watching

• The time spent watching the video

• The value of the next best alternative

• The benefit of watching the video