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WorksheetsEconomics
Total questions: 17
Worksheet time: 9mins
Name
Class
Date
1.
When you save money, you
a)
buy all the cool toys at the store
b)
buy candy and ice cream for all of your friends
c)
don't buy anything, you hold on to it
d)
buy movie tickets for the whole class
2.
When you spend money, you
a)
keep your money for a long time
b)
buy things you want or need
c)
you loose it on the street
d)
you didn't get any money at all
3.
You should save money to buy things you need, such as
a)
candy and ice cream
b)
toys
c)
dirt bike, 4 wheelers, dogs
d)
food, pay rent, colthes
4.
An example of a good:
a)
car wash
b)
laundry mat
c)
nail salon
d)
an apple
5.
An example of a service:
a)
a bunch of bananas
b)
toy Power Rangers
c)
babysitting
d)
make-up
6.
A producer is:
a)
someone who makes goods or provides a service
b)
someone who works
c)
someone who doesn't work
d)
someone who buys things
7.
A consumer is:
a)
a person who stays at home
b)
a person who uses or buys goods and services
c)
a person that makes their own goods
d)
a person who doesn't do anything
8.
Needs are things people need to survive. For example:
a)
food, water, shelter
b)
chocolate, Taquis, Gatorade
c)
cool shoes
d)
Burger King
9.
Wants are things people would like to have. For example:
a)
air
b)
water
c)
a cool hat
d)
shelter
10.
A quater is worth:
a)
$0.05
b)
$0.10
c)
$0.25
d)
$0.50
11.
A penny is worth:
a)
$0.25
b)
$1.00
c)
$0.01
d)
$0.10
12.
A nickel is worth:
a)
$0.05
b)
$0.25
c)
$0.10
d)
$0.01
13.
A dime is worth:
a)
$1.00
b)
$0.01
c)
$0.05
d)
$0.10
14.
A quarter is worth more than a dime.
a)
true
b)
false
15.
A dime is worth less than a nickel.
a)
True
b)
False
16.
A penny is worth less than a nickel.
a)
True
b)
False
17.
A nickel is worth less than a dime.
a)
True
b)
False
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