Quiz 1_Term 2_Defining Economics

Nisa is trying to decide how to spend her limited allowance this month. She has several options, including saving for a new video game, buying snacks for her friends, or donating to a local charity. What is the main focus of economics as a social science?

• How people choose among alternatives

• How to produce more resources

• How to eliminate scarcity

• How to manage wealth

Wahyu is planning a party and has a limited budget to spend on food and drinks. He must decide how to allocate his funds among various options, such as catering, snacks, and beverages. What does scarcity mean in economics?

• Having unlimited resources

• The condition of having to choose among alternatives

• The ability to produce anything

• The availability of free goods

If resources were unlimited, what would happen to economics?

• It would become more complex
• It would cease to exist
• It would focus on wealth distribution
• It would study resource management

In a bustling city, Rudi notices that the air quality has been deteriorating due to emissions from cars and factories. He wonders why air is considered a scarce good despite being free for everyone. What could be the reason?

• It is polluted by cars and factories

• It is free for everyone

• It has no alternative uses

• It is abundant and healthy

Dian is enjoying a picnic in the park on a sunny day. As he relaxes, he notices that he can breathe easily without any restrictions. He wonders, which of the following is an example of a free good that he can enjoy without paying for it?

• Air

• Water

• Land

• Electricity

In a small town facing limited resources, the local government must decide how to allocate funds for public services. What must society do because of scarcity?

• Make choices about resource use

• Increase production of goods

• Eliminate all wants

• Focus only on free goods

Dewi has a piece of land that she can use for various purposes, such as farming, building a house, or creating a park. However, she must decide on one specific use for the land. What happens when Dewi chooses to use the land for one purpose?

• We can use it for multiple purposes

• We must give up other potential uses

• It becomes a free good

• It increases the value of the land

Rina is a student who wants to buy a new laptop for her studies. However, she realizes that there are limited laptops available in her budget, and many other students are also looking to buy one. Which of the following statements is true about scarcity?

• It only applies to physical goods

• It affects all resources and goods

• It is only a problem in developing countries

• It can be solved with technology

Nisa is at an ice cream shop and has to choose between two flavors of ice cream. At the same time, she is also deciding whether to watch a movie or read a book later in the evening. What is an example of a choice that involves scarcity?

• Choosing between two types of ice cream

• Deciding to watch a movie or read a book

• Both A and B

• None of the above

In a bustling city, the air quality has been deteriorating due to increased industrial activities and vehicle emissions. Residents like Arif and Nur are noticing that the once fresh air is becoming harder to breathe. How does this pollution relate to the concept of scarcity?

• It creates more resources

• It limits the quality of air, making it scarcer

• It has no effect on scarcity

• It makes air a free good