30. Economic Terms

Test Description: SocialStudiesGames.net

Instructions: Answer all questions to get your test result.

1) the study of choices involving goods and services

2) Which of the following is the least likely to studied by an economist?

3) making things

4) getting things to people

5) buying or using good and services

6) Inability to satisfy all wants at the same times; resources and goods are limited

7) The dismal science

8) Which is not one of the most common variables when making a choice?

9) Factors of production in producing goods and services

10) Which of the following is not a resource

11) Which pair is incorrect?

12) That which is given up a choice is made?

13) Which is not an example of opportunity cost?

14) things the incite or motive a consumer's economic behavior or to change economic behavior

15) consumers determined what products will be produced for sale


*select an answer for all questions

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