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Economics
Test Description: End of unit test
Instructions: Answer all questions to get your test result.
1) Kim and her father are at the mall. They are buying a new pair of tennis shoes. Kim chooses the tennis shoes she wants and brings them to the cashier. What are kim and her father?
A
.
B
producers
C
sellers
D
buyers or consumers
2) Kim and her father are at the mall. They are buying a new pair of tennis shoes. Kim chooses the tennis shoes she wants and brings them to the cashier. What is Kim purchasing?
A
good
B
service
C
.
D
toy
3) A person who provides a service is a person who
A
does something for you
B
.
C
buys a new toy
D
makes a clay pot in art class
4) Joyce has $5.00. She wants to go to the mall and get a new doll and a slice of pizza. The doll costs $4.00 and the pizza costs$2.00. What can Joyce do?
A
buy only one of the items she wants
B
.
C
buy both items
D
cry until her mom gives her more money
5) If Max wants to buy ice cream, what is the best thing he can do?
A
.
B
cry very hard
C
earn money by helping his dad
D
take his sister's money
6) Jamon wanted t buy a coookie at lunch. He gave the lunch lady 25 cents. She gave him a cookie. Choose what Jamon did.
A
pretended his money was a cookie
B
.
C
lost his money
D
exchanged hismoney for a cookie
7) Morgan sees a dollhouse at the toy store. It costs 20 dollars. She already has 5 dollars. If wshe wants to buy the dollhouse, what should she do with her money?
A
give it to her brother
B
save it
C
.
D
spend it on candy
8) My family is going on a trip this summer. Choose how we can save money.
A
go out to eat
B
.
C
buy a new TV
D
put money in the bank
9) Money put away to keep or spend later is called
A
saving
B
.
C
spending
D
buying
10) Which one is NOT a sevice worker?
A
mechanic
B
doctor
C
.
D
student
*select an answer for all questions
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