Economics Quiz

What is the study of how people make and spend money by buying and selling goods and services?

• Biology

• Economics

• Chemistry

• Physics

What are goods?

• Actions or work that someone provides

• Actual products that people buy and sell

• Natural resources

• Capital resources

Which of the following is an example of a service?

• An apple

• A car

• Teaching

• A pencil

What do dentists provide?

• Goods

• Natural resources

• Services

• Capital resources

What are productive resources?

• Resources needed to provide goods and services

• Products that people buy and sell

• Actions or work that someone provides

• Things found in nature

Which of the following is NOT a type of productive resource?

• Natural resources

• Human resources

• Capital resources

• Digital resources

What are natural resources?

• Products that people buy and sell

• Actions or work that someone provides

• Things that are found in nature

• Resources needed to provide goods and services

Which of the following is an example of a good?

• Teaching

• A taxi ride

• An iPod

• Dental care

What is the role of a taxi driver in economics?

• Providing goods

• Providing services

• Producing natural resources

• Creating capital resources

What is an example of a capital resource?

• A tree

• A factory

• A teacher

• A dentist