Fundamentals of Econ with Ms.H
Interactive Video
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History
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6th - 8th Grade
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Practice Problem
•
Medium
R. Hernandez
Used 2+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What would you rather be doing today?
Sleeping
Be at school
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Situation - I have 2hrs of "free time" - I can complete my homework due tomorrow morning OR I can mindlessly scroll through my Instagram feed. I am choosing to scroll through my Instagram feed. What is the cost, and what is the benefit of this choice if my GOAL is to improve my grade?
Cost: nothing because my teacher accepts late work Benefit: I get to do what I love
Cost: Nothing because I don't like school anyway Benefit: I get to do what I love
Cost: Homework doesn't get done, my work increases and my grade drops
Benefit: I get a brain break that I may have needed
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Because resources (such as food, water, and produce) are limited and sometimes cannot meet all the wants and needs of individuals and societies, choices must be made about how to allocate them - What are real examples of scarcity in the US?
Not enough land to grow food
Not enough fresh water to drink
Not enough jobs to make money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scenario - I want to go watch the new Deadpool Movie, but the only time I can go is when I am supposed to spend quality time with my daughter. I chose to get a babysitter and go watch the movie. What was my opportunity cost?
Watching the movie
paying the babysitter
spending time with my daughter
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do you learn in Economics?
How people make money
How governments make money
How to make choices
How to make choices about money
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Click all the examples of incentives
chocolate
gift cards
extra credit
advice
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Situation: My phone no longer has enough room for me to download a new app. I need this new app for school. What can I do to increase the marginal utility of my phone without deleting my apps? (select all possible correct answers)
buy more data
get a new phone
delete another app
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