Econ Final Exam Practice

Front

What is the total cost with sales tax?
Price $17.95
Tax 6%

Back

$19.03

Front

What is the total cost with sales tax?
Price $2.75
Tax 5%

Back

$2.89

Front

What is the total cost with sales tax?
Price $6.15
Tax 7%

Back

$6.58

Front

What is the total cost with sales tax?
Price $120.00
Tax 5%

Back

$126.00

Front

What is the total cost with sales tax?
Price $16.75
Tax 6%

Back

$17.75

Front

Economics is the study of ______________

Back

Choices

Front

Opportunity cost is

Back

Whatever you are giving up to do something.

Front

Incentives are ______________

Back

A set of external motivators that help people make choices.

Front

Oil, water, and wood are examples of ______________ resources.

Back

Land

Front

Teachers, construction workers, and mechanics are examples of ______________ .

Back

Labor