AP Macro Terms 1.1-2

AP Macro Terms 1.1-2

11th - 12th Grade

22 Qs

quiz-placeholder

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AP Macro Terms 1.1-2

AP Macro Terms 1.1-2

Assessment

Quiz

Social Studies, Business, Other

11th - 12th Grade

Practice Problem

Easy

Created by

Yuliet Llanes

Used 8+ times

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22 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

Things that are desirable but not necessary for

existence.

2.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

Absolute necessities of life, are few: air, water, food,

clothing, and shelter.

3.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The problem of having limited resources

and unlimited wants is called?

4.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The study of how people and societies use limited resources to satisfy their unlimited wants.

5.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The professionals who study the ways society

allocates its resources to satisfy its wants are called ?

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of the effects of economic forces on individual

parts of the economy, such as businesses, workers, or households.

macroeconomics

microeconomics

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of the impact of changes to the economy as a whole rather than on an individual level.

microeconomics

macroeconomics

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