WorksheetsIntro Unit
Total questions: 20
Worksheet time: 19mins
The study of how things are bought and sold is called
(a)
Anything that can be used to produce goods and services is called
microeconomics
machines
resources
revenue
The physical or mental efforts of the people who work are called (a) resources.
Goods needed to produce other goods and services
are called (a) resources.
Materials that are made in nature are called (a) resources.
Natural resources can be _________ or __________.
renewable
unrenewable
micro
macro
uptown
downtown
revenue
expenses
The Factors of Production include what?
Renewable resources
are limited in supply and take a long time to replenish
include gasoline and coal
will run out
are replenished naturally and over short periods of time
When oil production decreases and gas prices rise, this is an example of what kind of (a) economics?
When you use a coupon to buy something, this is an example of what kind of (a) economics?
Trading goods and services for other goods and services is called what?
volleying
bartering
shekel
euro
Any circulating medium of exchange is referred to as what?
(a)
These animals may have been the first unit of exchange.
llamas
sheep
cattle
elephants
_______ and _______ are two metals that have been the most common form of money throughout history. (put a comma between the 2 answers)
(a)
To establish control of the money supply, the US Congress passed the __________ __________ Act in 1913.
Federal Reserve
National Mint
The Euro
Greenbacks
The United States dollar is the official (a) of the United States .
What gave Congress the authority to mint coins and control their value in 1788?
Constitutional Charter
Federal Reserve Act
Parliament
US Constitution
What agency was created in 1865 to investigate financial crimes?
(a)
(a) is the only woman who has appeared on US paper currency.
The two materials that make up the dollar bill are ______ and ______.
polyester
rayon
linen
denim
cotton
linen
jersey
polyester
