Economics Study Guide

Is this your test? Login to manage it. If not, you can create an assessment just like it.

This is a non-interactive preview of the quiz content.

1.
1 point
Your business makes more money than it takes to run the business. What is this extra money called?
2.
1 point
Ms Titsworth's class sold lemonade after school. Lemonade is Greg's favorite so he bought 5 cups. This is an example of ...
3.
1 point
Which is an example of a natural resource?
4.
1 point
Which of the following is a human resource?
5.
1 point
What is a consumer?
6.
1 point
Consumers do which of the following in a market economy?
7.
1 point
What are the three characteristics of a market economy?
8.
1 point
An example of a capital resource would be...
9.
1 point
Discounts, sales, and coupons are all examples of ...
10.
1 point
What is it called when more than one business sells similar products?