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Economics Final

Authored by Antje Carter

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Economics Final
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32 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of the following is not a tangible object?

a house
a computer
friendship

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of the following is a rationing device

demand
opportunity
price

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

The economic way of thinking involves

fortune-telling
analyzing

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

The two major economic systems are capitalism and

totalitarianism
two/party
mercantilism
socialism

5.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

The resource "land" includes all of the natural_________ found in nature.

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Economists never think about the future.

False
True

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

The study of choice as it applies to the big picture is macroeconomics.

False
True

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