ECON Question Preview (ID: 53373)
ECON.
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What does it mean to barter?
a) Save your money
b) Make a trade
c) Compare prices
d)
Which is NOT a trait of money?
a) durable
b) divisible
c) multiple
d) portable
What is it called when you keep money until you buy something you want?
a) trade
b) spend
c) save
d)
A specialist specializes in one product or service. Which specialist would I call if I was sick?
a) teacher
b) doctor
c) hair dresser/ barber
d) house painter
Sheila looked at 2 stores to see which had a TV for cheaper (less money). What did she do?
a) compare prices
b) buy the first thing she saw
c) barter for a service
d)
A service is something you do for someone. A good is an item that you buy. Which is chocolate?
a) good
b) service
c)
d)
In the story we read, Amy did this to get the video game she wanted.
a) ordered a copy and bought one
b) asked her grandmom to buy it for her
c) made trades to get it from a friend
d)
Why are cows not good to use for money?
a) They are too big to be portable.
b) They can't be divided easily.
c) They are cute!
d) They aren't accepted everywhere.
Who would I call to get help in math?
a) teacher/ tutor
b) nurse
c) car mechanic
d) a dog
How do you think you will do on the test?
a) great
b) ok
c) not good
d)
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