Intro to Economics Quiz

Which of the following are needs?

• Milk

• Pizza

• Soda

• Candy

Which of the following are needs?

• Broccoli

• Pizza

• Soda

• Candy

• Cheese

Which of the following are wants?

• Cheese

• Cellphone

• Toilet Paper

• Broccoli

Which of the following are goods?

• ball

• candy

• doctor

• teacher

Sam needs a job to ____________ money.

• save

• earn

• spend

At the store, Sam will ____________ money on things he needs.

• save

• earn

• spend

If Sam does not buy anything, he will ____________ his money.

• save

• earn

• spend

Which of the following are producers?

• Baker

• I eat at a restaurant

• She goes to a grocery store

• Farmer

Which of the following are consumers?

• Baker

• I eat at a restaurant

• She goes to a grocery store

• Farmer

A good is something that _________

• you can use

• you can touch

• satisfies wants