Economics - Ch. 7 - 9 TEST

Economics - Ch. 7 - 9 TEST

9th - 12th Grade

20 Qs

quiz-placeholder

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Economics - Ch. 7 - 9 TEST

Economics - Ch. 7 - 9 TEST

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Mary Grush

Used 3+ times

FREE Resource

20 questions

Show all answers

1.

DROPDOWN QUESTION

1 min • 5 pts

the money that is left after expenses are paid​ (a)  

consumers
profit
scarcity
monopoly
standard of living

2.

DROPDOWN QUESTION

1 min • 5 pts

a way of telling how well people are getting what they need and want​ (a)  

consumers
scarcity
monopoly
standard of living
profit

3.

DROPDOWN QUESTION

1 min • 5 pts

one business having all the market with no competition​ (a)  

consumers
scarcity
monopoly
profit
standard of living

4.

DROPDOWN QUESTION

1 min • 5 pts

people who buy goods and services​ (a)  

consumers
scarcity
profit
standard of living
monopoly

5.

DROPDOWN QUESTION

1 min • 5 pts

not enough of a product​ (a)  

scarcity
profit
standard of living
monopoly
consumers

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The goal of most businesses is to make a profit.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

If the economy is good, the standard of living goes up.

True

False

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