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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
Religion
B
Money
C
Solar System
D
Government
2) Economics measures a person's or country's ___________
A
Income
B
Wealth
C
Stock Market
D
Bank Account
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
Money
B
a Use
C
a Job
D
Value
5) Assets that go up in value are called
A
Appreciating Assets
B
Depreciating Assets
C
Decreasing Assets
D
Increasing Assets
6) An example of an appreciating asset is
A
Land
B
Stock
C
Home
D
All the above
7) An example of a depreciating asset is
A
Cars
B
Home
C
Land
D
Stock
8) Desertification is a process where the desert
A
decreases
B
becomes forest
C
goes away
D
expands
9) Deforestation is the removal of
A
sand
B
salt
C
trees
D
desert
10) A monarch is a
A
King
B
Queen
C
Emperor
D
All answers are correct
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