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Consumer Ed Final Review

Authored by Gabriel Leopold

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Used 5+ times

Consumer Ed Final Review
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18 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

A financial institution that keeps your money safe and can provide services like checking accounts, savings accounts, loans, and credit cards.

a bank
a wallet

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

__________ is a shortage of resources to satisfy the wants and needs of its people.

scarcity
drought

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Resources that are limited

renewable resources
nonrenewable resources

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

__________ is the amount or quantity of goods and services that consumers are willing to buy at various prices.

demand
supply

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

These can be physically weighed or measured.

goods
services

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

_________ is the amount of goods and services that producers will provide at various prices.

demand
supply

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

An account in which you store money for an extended amount of time and gain interest.

checking account
savings account

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