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Quiz 4

Authored by Julie Stanley

Social Studies

University

Quiz 4
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30 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following do the authors give as a reason teaching economics is an issue of social justice?

Understanding economics means people can make better use of their money.

Understanding economics allows people to avoid unscrupulous lenders.

Understanding economics can give people the chance to engage with decisions that impact their lives.

Understanding economics can help put everyone on a more equal footing.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a key aspect of marginal analysis?

Making choices often involves compromises and trade-offs.

Making choices requires setting clear priorities.

Making choices is what economics is all about.

Making choices is necessary because resources are limited.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

 In Chapter 5, what do the authors say happens if students are not taught how the economic world operates?

Students will develop their own theories about how the economic system works

Students are more likely to make poor economic decisions.

Students who are taught economic ideas at home will be at an economic advantage.

Students will not understand marginal analysis.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The authors note that many standards suggest that students understand why we use money. Which of the following is a key idea the authors give for why this is important?

If students don’t understand money, they might misuse it.

Money is pervasive and students need to understand it.

Money can be beneficial for teaching students math.

As a means of exchange, money is much more efficient than the alternatives.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following represents what the authors suggest for selecting activities and simulations?

Teachers should spend time engaging with the lesson plans provided by various Federal Reserve Banks.

Teachers should locate activities that help students actively engage in economics.

Teachers should consult the standards and look for reputable resources for appropriate activities.

Teachers should narrow down their topics to those that are developmentally appropriate for their students.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What do the authors suggest is a key reasons teachers might use economic games and simulations?

Simulations and games are useful keeping students on task.

Simulations and games feel like real life with fewer risks.

Simulations and games are motivating for students and fun for teachers.

Simulations and games can help students see why they should study economics.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Why do the authors suggest it is important to debrief any classroom simulation?

Debriefing signals that the activity has come to an end.

Debriefing is necessary if students are to learn from and remember the experience.

Debriefing is a critical way of assessing what the student still need to learn.

Debriefing is important to help students talk about their experience.

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