Economics Review Question Preview (ID: 44141)


Economics Review. TEACHERS: click here for quick copy question ID numbers.

Anyone that buys or uses something
a) Capitol
b) Monopoly
c) Consumer
d) Law of Diminishing Returns

Process of manufacturing from raw materials
a) Gross
b) Depreciate
c) Production
d) Overhead

Another word for trading without money
a) Consumer
b) Barter
c) Law of Diminishing Returns
d) Monopoly

Owning every aspect of a business
a) Monopoly
b) Gross Domestic Product
c) Export
d) Twister

Maximum enjoyment of a product
a) Maximum Utility
b) Gross
c) Capitol
d) Gross Domestic Product

Percentage of people that can read or write
a) Depreciate
b) Consumer
c) GDP
d) Literacy Rate

People that make up the work force
a) Labor
b) Gross Domestic Product
c) Monopoly
d) Export

How much people really need/want something
a) Law of Diminishing Returns
b) Demand
c) Gross
d) Overhead

Gradual rise in all prices due to having more money in the system
a) Consumer
b) Depreciate
c) Inlfation
d) Capitol

Value of a product goes up after purchase
a) Law of Diminishing Returns
b) Overhead
c) Gross
d) Appreciation

Value of a product goes down after purchase
a) Decapitate
b) Appreciate
c) Depreciate
d) Import

Crop produced for its economic value (Not just to feed the farmer)
a) Gross
b) Net
c) Cash Crop
d) Interest

System of money in general use
a) Currency
b) Import
c) Export
d) Gross Domestic Product

The longer you sell something, the less money you make
a) Consumer
b) Demand
c) Overhead
d) Law of Diminishing Returns

Develop system of manufacturing
a) Export
b) Literacy Rate
c) Industrialize
d) Monolpoly

Material drawn from the Earth
a) Natural Resources
b) Interest
c) Gross
d) Inflation

Goods brought into the country
a) Gross Domestic Product
b) Law of Diminishing Returns
c) Exports
d) Imports

Goods shipped out of the country
a) Law of Diminishing Returns
b) Barter
c) Exports
d) Imports

Taxes on imported products
a) Economics
b) Tarrif
c) Barter
d) Depreciation

Total money your country earns on exports
a) Gross Domestic Product
b) Interest
c) Law of Diminishing Returns
d) Demand

Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from above, visit ReviewGameZone.com and enter game ID number: 44141 in the upper right hand corner or click here.

TEACHERS / EDUCATORS
Log In
| Sign Up / Register