Economics and Business Quiz

What is the term for the money used in a country?

• Transaction

• Currency

• Economics

• Merchandise

What is the science that studies the way people use resources to produce goods and services?

• Economics

• Marketplace

• Global

• Entrepreneur

Who is a person that starts and runs a business?

• Investor

• Merchant

• Economist

• Entrepreneur

What term describes something related to the world?

• Regional

• National

• Global

• Local

What does it mean to use money to buy something that will make more money?

• Spend

• Invest

• Donate

• Save

What is a place where food and other products are bought and sold?

• Marketplace

• Warehouse

• Factory

• Office

What are the goods that are for sale called?

• Commodities

• Currency

• Assets

• Merchandise

What is the act of carrying out a business exchange?

• Negotiation

• Transaction

• Production

• Investment

Which of the following is NOT a term related to business?

• Currency

• Economics

• Biology

• Entrepreneur

Which term is associated with starting a business?

• Currency

• Transaction

• Merchandise

• Entrepreneur