Unit 2 Review Game 1

Which economic question is answered in this scenario:

The local county council has decided to use part of the county budget to build a new school.

• What to produce.

• How to produce.

• For whom to produce.

Answer explanation

Which economic question is answered in this scenario:

Susan adds hot chocolate to her drink menu to attract families with children to her coffee shop.

• What to produce.

• How to produce.

• For whom to produce.

Answer explanation

Which economic question is answered in this scenario:

Harry gave a survey to his customers that indicated his products are most popular with college students.

• What to produce.

• How to produce.

• For whom to produce.

Answer explanation

Which economic question is answered in this scenario:

During the busy season, Jason must hire 15 additional employees to help run his small business.

• What to produce.

• How to produce.

• For whom to produce.

Answer explanation

Which economic question is answered in this scenario:

Mary decides to buy 5 new sewing machines for her quilt making business.

• What to produce.

• How to produce.

• For whom to produce.

Answer explanation

Which economic goal fits this description:

Improving the standard of living through innovation and economic growth.

• Growth

• Efficiency

• Freedom

• Stability

Which economic goal fits this description:

Evenly distributing the wealth of a nation to make sure there is fairness in allocating resources.

• Security

• Equity

• Freedom

• Stability

Which economic goal fits this description:

Allowing individuals to make their own economic decisions without government interference.

• Security

• Efficiency

• Freedom

• Growth

Which economic goal fits this description:

Supporting and providing necessities for the poor or disadvantaged.

• Security

• Equity

• Stability

• Growth

Which economic goal fits this description:

Reducing waste while making sure most consumers are able to get what they want.

• Freedom

• Efficiency

• Growth

• Stability