Financial Literacy Ch 1 Vocabulary Review
Authored by Monica Simanella
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31 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the activities related to making and distributing goods and services in a geographic area or country.
economy
market economy
supply
demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An economy based on the laws of supply and demand.
economy
market economy
supply
demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The quantity of goods and services that producers are willing and able to provide.
economy
market economy
supply
demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The willingness and ability of consumers to buy goods and services.
economy
market economy
supply
demand
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The alternating periods of growth and decline in the economy.
business cycle
tuition
financial aid
ethics
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The expense paid by students for the instruction at a school.
business cycle
tuition
financial aid
ethics
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money received from an outside source to help pay for education.
business cycle
tuition
financial aid
ethics
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