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WorksheetsEcon
Total questions: 16
Worksheet time: 4hrs 0mins
Name
Class
Date
1.
People use dollars and cents as_________ in the U.S
a)
Currency
b)
Supply
2.
If the price of goods is too high, the ____ may be low
a)
Demand
b)
Scarcity
3.
An______ is a person that taskes a risk to start a buisness
a)
Budget
b)
Entrepeuner
4.
A _____ can help people decide how to spend their money
a)
Supply
b)
Budget
5.
When there is a _____ of plums, growers cannot provide enough plums for all the people who want them
a)
Scarcity
b)
Supply
6.
Coca- Cola is a consumer
a)
True
b)
False
7.
Target is a producer
a)
True
b)
False
8.
Items made in china that we use in the U.S are imports
a)
True
b)
False
9.
Georgia Imports Peaches
a)
True
b)
False
10.
Landscaping is considered goods
a)
True
b)
False
11.
Teaching is a service
a)
True
b)
False
12.
When the price of a good goes up, the number of people who to buy the good usually goes_______
a)
Up
b)
Down
13.
Water is an aexample of which type of productive resource
a)
Capital
b)
Natural
c)
Human
14.
A computer is what type of productive resource?
a)
Capital
b)
Natural
c)
Human
15.
The cotton used to make jeans is what type of productive resource?
a)
Capital
b)
Natural
c)
Human
16.
A doctor is what type of resource
a)
Capital
b)
Natural
c)
Human
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