Economics Review 2

What are the paper bills, coins, and checks people use today to purchase goods called?

• scarcity

• money

• characters

• soil

What is a consumer?

• a person who uses resources to make things

• someone who eats a lot

• a person who uses goods and services

• someone who is part of an American Indian group

Choosing to save your money instead of buying a scoop of ice cream shows you have made _____?

• an economic choice

• a resource choice

• a good citizen

• a production choice

A person who uses resources to make goods and provide services is a ____?

• consumer

• producer

• barterer

• scarcity

The exchange of goods and services without the use of money is called ______?

• scarcity

• barter

• consumer

• producer

A person who uses goods and services is called a ____?

• star

• consumer

• seller

• producer

Which is an example of a good?

• tree

• rain cloud

• girl

• shoe

Which is an example of bartering?

• Preston gave his banana to Chloe in exchange for a cookie at lunch.

• Chris used a credit card to buy shoes.

• Evan paid $75

• Aniya used a check to buy her class picture.

Mrs. Hall makes cookies. She works at the bakery. What is Mrs. Hall?

• a producer

• a consumer

• a buyer

• a natural resource

People who work on making cars is an example of ____?

• producers

• consumers

• buyers

• natural resources