Crash Course Economics #1 Quizizz

Who are the hosts of Crash Course economics?

• John and Hank Green

• Kermit and Mr. Clifford

• Statler and Waldorf

• Jacob Clifford and Adriene Hill

According to Alfred Marshall, what is economics a study of?

• The stock market

• Theories and graphs

• Money and wealth

• Men and women

What is the main focus of economics according to Mr. Clifford?

• Forecasting market trends

• Studying people and choices

• Studying wealth

• Analyzing consumer behavior

What is the opportunity cost of watching a video according to Adriene?

• The value of the next best alternative

• The cost of the video

• The benefit of watching the video

• The cost of watching the video

What is the role of politics in economics according to Mr. Clifford?

• To guide public policy using economic theory

• To solve all of the country's problems

• To push a conservative pro-business policy

• To push a liberal anti-military policy

What is the main difference between macroeconomics and microeconomics?

• Macro focuses on individual choices, micro focuses on the overall economy

• Macro is about predicting GDP, micro is about measuring unemployment

• Macro studies the economy as a whole, micro looks at specific questions and scenarios

• There is no difference between the two

What is the main goal of learning economics according to Adriene?

• To make you wealthy

• To make you a more informed decision maker

• To help you become a successful entrepreneur

• To increase your income

What is the opportunity cost of a university getting money for graduates?

• Pushing students into less-rigorous majors

• Increasing the graduation rates

• Focusing on recruiting as many students as possible

• Pushing students through the program without giving them a good education

What is the main point of the example of the bounty on rats in Vietnam?

• To show the importance of incentives

• To exterminate the rat population

• To increase the rat population

• To demonstrate the effectiveness of government policies

What is the promise made by the hosts regarding the coverage of economics in the next 40 weeks?

• To cover everything from supply and demand to monetary policy

• To make you wealthy

• To focus on the details of economics

• To teach about giant pools of money