Intro to Economics Pre-Test

Front

A person who buys goods and services

Back

consumer

Front

The using up of a resource

Back

consumption

Front

another word for money

Back

currency

Front

The making, buying and selling of goods and services

Back

economics

Front

Individuals who come up with a new idea for a good or service, then they make it a reality

Back

entrepreneur

Front

A general increase in prices

Back

inflation

Front

The place where goods and services are exchanged

Back

market

Front

Something we use from nature

Back

natural resource

Front

The amount of money we pay for a good or service

Back

price

Front

Something we use

Back

resource