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Economics and Banking Quiz

Authored by Elisha Olusegun

Financial Education

1st Grade

Economics and Banking Quiz
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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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