Economics Quiz

What is the study of money and its history called?

• Infrastructure

• Bartering

• Numismatics

• Labour

Which term refers to moving from one place to another without a permanent residence?

• Face value

• Nomadic

• Producer

• Savings

What is the value printed on a coin or bank note known as?

• Liabilities

• Service

• Promissory note

• Face value

Which term describes a written and signed document between two parties stating how and when to pay back an amount owed?

• Capital

• Goods

• Bartering

• Promissory note

What are things our survival depends on known as?

• Goods

• Labour

• Wants

• Needs

Which term refers to things we can see and touch?

• Consumer

• Budget

• Service

• Goods

Who buys the goods and services from the producer to satisfy needs and wants?

• Consumer

• Income

• Asset

• Profit