PERSONAL FINANCE FINAL EXAM 2025 - True/False Questions

PERSONAL FINANCE FINAL EXAM 2025 - True/False Questions

11th Grade

49 Qs

quiz-placeholder

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PERSONAL FINANCE FINAL EXAM 2025 - True/False Questions

PERSONAL FINANCE FINAL EXAM 2025 - True/False Questions

Assessment

Quiz

Special Education

11th Grade

Hard

Created by

Mely Lizardo

FREE Resource

49 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the problems with economics is that wants are unlimited.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods and services are produced through the use of economic resources.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Competition helps keep prices at a reasonable level.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Scarcity is a problem that is faced by individuals only, not by businesses or governments.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Food, clothing, and shelter are examples of basic wants.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determining which of its citizens should benefit from the production of goods and services is something each nation must decide.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a system of capitalism, the government decides what will be produced with the resources available.

True

False

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