Econ Final Review

Econ Final Review

10th Grade

40 Qs

quiz-placeholder

Similar activities

Demand

Demand

10th - 12th Grade

38 Qs

Determinants of Demand

Determinants of Demand

9th - 12th Grade

35 Qs

Law of Demand and Determinants

Law of Demand and Determinants

9th - 12th Grade

35 Qs

Demand and Demand Determinants

Demand and Demand Determinants

9th - 12th Grade

35 Qs

Unit 1 - Test Review

Unit 1 - Test Review

9th - 12th Grade

42 Qs

Chapter 4 Quiz

Chapter 4 Quiz

9th - 12th Grade

36 Qs

Standard 2 Certification Quiz: What is the "right" price?

Standard 2 Certification Quiz: What is the "right" price?

10th - 12th Grade

40 Qs

Unit 2: Microeconomics

Unit 2: Microeconomics

10th Grade

40 Qs

Econ Final Review

Econ Final Review

Assessment

Quiz

Social Studies

10th Grade

Medium

Created by

Kendall Giles

Used 134+ times

FREE Resource

40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Economics?

Something we would like to have but is not necessary for survival.

Basic requirement for survival.

Social Science concerned with the production, distribution, and consumption of goods and services.

Monetary ($) worth of a good or service. 

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a need?

Something we would like to have but is not necessary for survival.

Basic requirement for survival.

A useful/tangible item that can satisfy a want/need.

Work that is performed for someone.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a want?

Something we would like to have but is not necessary for survival.

Basic requirement for survival.

A useful/tangible item that can satisfy a want/need.

Work that is performed for someone.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a good?

Something we would like to have but is not necessary for survival.

Basic requirement for survival.

A useful/tangible item that can satisfy a want/need.

Work that is performed for someone.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a service?

Something we would like to have but is not necessary for survival.

Basic requirement for survival.

A useful/tangible item that can satisfy a want/need.

Work that is performed for someone.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a capital good?

Intended for final use by individuals.

Tool/equipment used to make other goods.

Lasts for less than 3 years w/ regular use.

Lasts for 3+ years w/ regular use.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a consumer good?

Intended for final use by individuals.

Tool/equipment used to make other goods.

Lasts for less than 3 years w/ regular use.

Lasts for 3+ years w/ regular use.

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?