Economics Quiz

What is the term for people who study the economy?

• Migrant

• Economists

• Money traps

• Choices

What does the term "migrant" refer to in economics?

• A way to save that pays you interest

• Moving from place to place to work

• Credit cards, payday loans

• Decisions, what you pick

Which of the following is considered a "money trap"?

• Bank savings account

• Economists

• Credit cards, payday loans

• Choices

What is a bank savings account?

• A way to save that pays you interest

• Moving from place to place to work

• Decisions, what you pick

• People who study the economy

What does the term "choices" refer to in economics?

• Credit cards, payday loans

• Moving from place to place to work

• Decisions, what you pick

• A way to save that pays you interest

True or False: Economists want the government to own all business.

• True

• False

True or False: Adam Smith said free trade helps the economy to grow.

• True

• False

True or False: Karl Marx did not believe in competition.

• True

• False

True or False: Economists study about caring for animals in zoos.

• True

• False

True or False: All economists want free trade.

• True

• False