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econ 1

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1.
3 points
What three economic decisions does scarity force a society to make?
2.
1 point
Productivity is the level of output
3.
1 point
Microeconomics studies
4.
1 point
Human Resource can be physical or intellectual
5.
1 point
What are "Trade Offs"
6.
2 points
Which of the following are "Services"?
7.
1 point
Which has a higher monetary value?
8.
1 point
Producers are people who decide what people wnat to buy
9.
1 point
Natural Resources are found on / in
10.
2 points
Which of the following are "goods"
11.
3 points
Capital Resources and Goods include:
12.
1 point
Consumers are people who decide to buy things
13.
1 point
Macroeconmics is the study of
14.
1 point
Scarcity is
15.
3 points
Money has 3 functions:
16.
1 point
Econmics is the study of choices?
17.
1 point
Which are examples of specializaiton?
18.
3 points
Which are "Forms of Exchange"
19.
1 point
U.S. dependance on oil from other countried is an example of "Interdependance"?
20.
1 point
Entrepereneruership is taking a risk to start a new business or new product?
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