Economics And Money With Bobo
5 Questions
| Total Attempts: 31
This quiz is to test your knowledge on economics and money. Answer the questions carefully. Have fun!
Questions and Answers
- 1.Economics is the study of?
- A.
How something is built
- B.
How a society uses its resources to satisfy its wants and needs
- C.
How to obtain a job
- D.
How to use money
- E.
The economy
- 2.Identify three ways to view economics
- A.
Your family working together around the house to complete tasks
- B.
Lawmakers make decisions on how to spend government money
- C.
Some managers of a large business making decisions on producing a new product
- D.
Toy factory speeding up production in the warehouse
- E.
When you raise your hand to ask to use the bathroom in class
- 3.Scarcity is
- 4.A consumer is
- A.
A person who saves money
- B.
A person who buys and uses up goods
- C.
A person who likes to invest
- 5.Goods are
- A.
Items
- B.
Something useful and desireable
- C.
Candy
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