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Crash Course Economics #1 Quizizz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Who are the hosts of Crash Course economics?

a)

John and Hank Green

b)

Kermit and Mr. Clifford

c)

Statler and Waldorf

d)

Jacob Clifford and Adriene Hill

2.

According to Alfred Marshall, what is economics a study of?

a)

The stock market

b)

Theories and graphs

c)

Money and wealth

d)

Men and women

3.

What is the main focus of economics according to Mr. Clifford?

a)

Forecasting market trends

b)

Studying people and choices

c)

Studying wealth

d)

Analyzing consumer behavior

4.

What is the opportunity cost of watching a video according to Adriene?

a)

The value of the next best alternative

b)

The cost of the video

c)

The benefit of watching the video

d)

The cost of watching the video

5.

What is the role of politics in economics according to Mr. Clifford?

a)

To guide public policy using economic theory

b)

To solve all of the country's problems

c)

To push a conservative pro-business policy

d)

To push a liberal anti-military policy

6.

What is the main difference between macroeconomics and microeconomics?

a)

Macro focuses on individual choices, micro focuses on the overall economy

b)

Macro is about predicting GDP, micro is about measuring unemployment

c)

Macro studies the economy as a whole, micro looks at specific questions and scenarios

d)

There is no difference between the two

7.

What is the main goal of learning economics according to Adriene?

a)

To make you wealthy

b)

To make you a more informed decision maker

c)

To help you become a successful entrepreneur

d)

To increase your income

8.

What is the opportunity cost of a university getting money for graduates?

a)

Pushing students into less-rigorous majors

b)

Increasing the graduation rates

c)

Focusing on recruiting as many students as possible

d)

Pushing students through the program without giving them a good education

9.

What is the main point of the example of the bounty on rats in Vietnam?

a)

To show the importance of incentives

b)

To exterminate the rat population

c)

To increase the rat population

d)

To demonstrate the effectiveness of government policies

10.

What is the promise made by the hosts regarding the coverage of economics in the next 40 weeks?

a)

To cover everything from supply and demand to monetary policy

b)

To make you wealthy

c)

To focus on the details of economics

d)

To teach about giant pools of money