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Beginning Of The Year Vocabulary
Test Description: Same
Instructions: Answer all questions to get your test result.
1) Economics more simply put is the study of
A
Solar System
B
Religion
C
Government
D
Money
2) Economics measures a person's or country's ___________
A
Stock Market
B
Wealth
C
Bank Account
D
Income
3) Wealth is the value of a person's
A
Assets
B
Job
C
Cash
D
Bank Account
4) Assets are anything a person possesses that has
A
a Use
B
Value
C
Money
D
a Job
5) Assets that go up in value are called
A
Appreciating Assets
B
Increasing Assets
C
Depreciating Assets
D
Decreasing Assets
6) An example of an appreciating asset is
A
Stock
B
Home
C
All the above
D
Land
7) An example of a depreciating asset is
A
Land
B
Home
C
Cars
D
Stock
8) Desertification is a process where the desert
A
becomes forest
B
decreases
C
goes away
D
expands
9) Deforestation is the removal of
A
desert
B
salt
C
trees
D
sand
10) A monarch is a
A
Emperor
B
King
C
All answers are correct
D
Queen
*select an answer for all questions
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