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Βασικές Οικονομικές Εννοίες

Total questions: 26

Worksheet time: 23mins

Name
Class
Date
1.

What is the basic difference between Robinson Crusoe's economy and modern economies?

a)

The simple economy of one person has the peculiarity that all decisions are made by the same person.

b)

In modern economies, millions of people make their own decisions simultaneously but separately.

c)

The results of these decisions arise through complex mechanisms.

d)

All of the above.

2.

What are called economic needs?

a)

Needs that require economic goods for satisfaction.

b)

Needs that are unlimited.

c)

Needs that are temporary.

d)

Needs that are always satisfied.

3.

Describe the properties of economic needs.

a)

Evolution, Multiplication, Saturation

b)

Only Evolution

c)

Only Multiplication

d)

Only Saturation

4.

What are the main reasons contributing to the evolution and multiplication of needs?

a)

Technology

b)

Imitation

c)

Habit

d)

Advertising

5.

What goods are free and which are economic?

a)

Free goods are those that are available in unlimited quantities in nature.

b)

Economic goods are those that are produced or traded.

c)

Free goods are not studied by Economic Science.

d)

Economic goods are the result of human productive effort.

6.

Describe the categories into which economic goods are classified.

a)

Material goods and intangible services

b)

Durable and consumable goods

c)

Capital and consumer goods

7.

What is the market?

a)

The place where products are sold and bought.

b)

A type of good.

c)

A financial transaction.

d)

A commercial street.

8.

What are the factors that affect household decisions?

a)

Income

b)

Size and age composition of the household

c)

Geographical location

d)

Social environment

9.

What is the primary goal of the household?

a)

Maximizing income

b)

Satisfying needs

c)

Reducing expenses

d)

Increasing savings

10.

Describe the business as a social institution of an economy.

4 lines
11.

What decisions must a business make?

a)

What product to produce

b)

In what quantity to produce the product

c)

How to produce, which production method to use

d)

Where to establish itself

e)

How much to sell the product

12.

What is the objective of a business in decision making?

a)

Maximizing profit

b)

Minimizing costs

c)

Increasing market share

d)

Improving product quality

13.

What is the formula for profit maximization?

a)

Total Revenue - Total Cost

b)

Total Cost - Total Revenue

c)

Total Revenue + Total Cost

d)

Total Revenue / Total Cost

14.

What is labor in the context of production?

a)

It is the payment of human effort, either mental or physical, for the production of a product.

b)

It refers to the tools and machinery used in production.

c)

It is the natural resources utilized in the production process.

d)

It is the financial capital invested in production.

15.

What is the characteristic element of production factors?

a)

They are considered given

b)

They are always available

c)

They are variable

d)

They are unlimited

16.

What is the basic economic problem?

a)

Scarcity of goods

b)

Abundance of resources

c)

Unlimited needs

d)

Surplus of production

17.

How do people try to overcome the scarcity of goods?

a)

Organized activity

b)

Technological development

c)

Finding new resources

d)

All of the above

18.

What do the combinations located to the left and right of the PPF show? How can a combination that is located to the right of the PPF be produced?

4 lines
19.

What is the concept of real cost or opportunity cost?

4 lines
20.

What is the relationship between real cost and monetary cost?

a)

When we express real cost in monetary units, we get monetary cost.

b)

Real cost is always less than monetary cost.

c)

Monetary cost does not represent the value of production factors.

d)

There is no relationship between real cost and monetary cost.

21.

Το βασικό οικονομικό πρόβλημα είναι το εξής:

a)

Πώς θα ικανοποιηθούν οι ανάγκες των περισσότερων ανθρώπων

b)

Πώς θα δημιουργηθούν περισσότερες επιχειρήσεις

c)

Πώς θα αυξηθεί το εισόδημα των πολιτών

d)

Πώς µε περιορισμένους πόρους θα ικανοποιηθούν απεριόριστες ανάγκες

22.

Ο ήλιος είναι οικονομικό αγαθό;

a)

Σωστό

b)

Λάθος

23.

Κύριο χαρακτηριστικό των οικονομικών αγαθών είναι ότι βρίσκονται σε (a)   ποσότητες σε σχέση με τις ανάγκες που ικανοποιούν.

24.

Το να μαζεύεις χόρτα του βουνού και να τα προμηθεύεις στον έμπορο θεωρείται εργασία.

a)

Σωστό

b)

Λάθος

25.

Στο οικονομικό κύκλωμα υποθέτουμε ότι υπάρχουν δύο τομείς στην οικονομία, τα νοικοκυριά και οι επιχειρήσεις.

a)

Σωστό

b)

Λάθος

26.

Σε ένα οικονομικό κύκλωμα η χρηματική ροή αντιπροσωπεύει τη χρηματική αξία των παραγωγικών συντελεστών.

a)

Σωστό

b)

Λάθος