
Economics and Banking Quiz
Authored by Elisha Olusegun
Financial Education
1st Grade

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19 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Is the scale of preference a good tool? TRUE/FALSE
Evaluate responses using AI:
OFF
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can our wants control us?
True
False
Maybe
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
We can always limit our ________.
Wants
Needs
Mind
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The scale of ______ helps us allocate our resources wisely.
Chicken
Measurement
Preference
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Food, water, and shelter are human ________.
Wants
Needs
Decisions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is a function of the bank?
Depositing money
Spending recklessly
Giving away money
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Digital banking is possible with the aid of _________.
Bank
Internet
Air
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