WorksheetsEconomics Scarcity Quiz
Total questions: 10
Worksheet time: 5mins
What is the central idea in all of economics?
Scarcity
Sustainability
Abundance
Equality
What does scarcity mean in the field of economics?
Limited resources
Abundance of resources
Equal distribution of resources
Sustainable resources
What is caviar considered as - a scarce resource or a free resource?
Scarce resource
Free resource
Abundant resource
Limited resource
Is labor considered as a scarce resource or a free resource?
Free resource
Scarce resource
Abundant resource
Limited resource
Is the view from a house next to an alpine lake considered as a scarce resource or a free resource?
Scarce resource
Free resource
Limited resource
Abundant resource
Is water in a town considered as a scarce resource or a free resource?
Scarce resource
Limited resource
Free resource
Abundant resource
Is oxygen on our planet considered as a scarce resource or a free resource?
Limited resource
Abundant resource
Free resource
Scarce resource
What is the reason why the field of economics is needed?
Scarcity of resources
Equal distribution of resources
Sustainable resources
Abundance of resources
What do people have to give up in order to have access to scarce resources?
Nothing
Other resources
Money
Time
What will be studied in micro and macroeconomics related to scarce resources?
Resource abundance
Resource distribution
Resource preservation
Allocation methods
