
Economics Concepts and Applications
Interactive Video
•
Business, Social Studies
•
10th - 12th Grade
•
Easy

Jackson Turner
Used 1+ times
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of economics?
Allocation of infinite resources
Consumption of infinite services
Allocation of scarce resources
Production of unlimited goods
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does microeconomics primarily study?
National economic trends
Regional economic growth
Individual and business resource allocation
Global economic policies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which approach does microeconomics take?
Top down
Bottom up
Sideways
Circular
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern of macroeconomics?
Local market trends
Economy as a whole
Business supply levels
Individual pricing strategies
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who primarily uses macroeconomics?
Local traders
Governments and central banks
Small businesses
Individual consumers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic area is more frequently discussed in the media?
None of the above
Microeconomics
Macroeconomics
Both equally
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is advised for students who cannot take both micro and macro classes simultaneously?
Start with macroeconomics
Start with microeconomics
Skip both
Take both together
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