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WorksheetsThe economy & Corona-virus
Total questions: 10
Worksheet time: 5mins
"An area of the production, distribution and trade as well as consumption of goods and services by different agents" is a(n):
Demand
Supply
Economy
NONE OF THE ABOVE
In economy, materials that satisfy human wants and provide utility to a consumer are called:
Supplies
Services
Goods
ALL OF THE ABOVE
A transaction in which no physical goods are transferred from the seller to the buyer is a(n):
Service
Good
Demand
Supply
The quantity of a good that consumers are willing and able to purchase at various prices during a given period of time is a(n):
Service
Good
Supply
Demand
The amount of a resource that firms, producers, laborers, providers or other economic agents are willing and able to provide to the marketplace is a(n):
Supply
Good
Service
Demand
The monetary value of all finished goods and services made within a country during a year is its:
General Budget
GDP
GDP per capita
ALL OF THE ABOVE
What approximate annual rate did the United States' economy shrink in the first three months of 2020 due to the Covid-19?
2%
5%
10%
20%
As of today, which country, after USA, has the highest amount of confirmed Corona-virus cases?
UK
Italy
Spain
France
As of today, which country, after USA, has the highest amount of confirmed deaths from Corona-virus infection?
UK
Italy
Spain
France
As of today, which Latin-american country has the highest amount of confirmed Corona-virus cases?
Peru
Brazil
Mexico
Dominican Republic
