REVIEW TEST IN ECONOMICS

REVIEW TEST IN ECONOMICS

9th Grade

15 Qs

quiz-placeholder

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REVIEW TEST IN ECONOMICS

REVIEW TEST IN ECONOMICS

Assessment

Quiz

Social Studies

9th Grade

Hard

Created by

Ritchie Magadia

Used 13+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This act is also known as the Consumer Act of the Philippines.

RA 7394

RA 6394

RA 7934

RA 7943

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This act is also known as the Consumer Act of the Philippines.

RA 7394

RA 6394

RA 7934

RA 7943

3.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

_____ refers to the person who purchases and uses products and services to satisfy his/her personal needs

4.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

_____ is the process of using resources to create goods and services that satisfy the needs and wants of individuals and businesses.

5.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

_____ is the agency concerned with the quality, safety, weight and measures, labeling of price, packaging, warranties and advertisement of consumer products.

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A.    Budget conscious Rica went to the grocery store to buy her needs. In the milk section, she was unsure of what to choose. She proceeded to evaluating which will be more practical for her: buy sachets of Milo or buy a can of it. What characteristic of a wise consumer of a wise consumer is shown in this situation?

Budget conscious

Not affected by the advertisement

Analytical

A.    Avoid panic buying    

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Martina always examines the product she buys. She checks the weighing and     the conditions of the products and counts her change properly before leaving. Which characteristics of a wise consumer is being described?

Alert                                                         

Reasonable 

Analytical

budget conscious

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