Economics
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17 QuestionsShow answers
  • Question 1
    60 seconds
    Q.

    Using income for purchases, expenses, and debt

    answer choices

    spending

    savings

    goods

    services

  • Question 2
    60 seconds
    Q.

    Income set aside for unexpected expenses

    answer choices

    savings

    goods

    services

    producer

  • Question 3
    30 seconds
    Q.

    things purchased by consumers

    answer choices

    goods

    consumer

    producer

    supply

  • Question 4
    60 seconds
    Q.

    the action of fulfilling a need for income

    answer choices

    services

    need

    want

    consumer

  • Question 5
    60 seconds
    Q.

    A person who provides a good or service

    answer choices

    producer

    need

    want

    consumer

  • Question 6
    60 seconds
    Q.

    A person who purchases a good or service

    answer choices

    consumer

    taxes

    supply

    good

  • Question 7
    60 seconds
    Q.

    Basic things humans need to survive

    answer choices

    need

    want

    import

    demand

  • Question 8
    60 seconds
    Q.

    Extras that make life more enjoyable

    answer choices

    want

    need

    producer

    savings

  • Question 9
    60 seconds
    Q.

    The amount available

    answer choices

    supply

    demand

    import

    natural resource

  • Question 10
    60 seconds
    Q.

    how much of a good or service consumers want

    answer choices

    demand

    spending

    producer

    scarcity

  • Question 11
    60 seconds
    Q.

    money paid to the government through income, sales, and purchase of property

    answer choices

    taxes

    goods

    scarcity

    human resource

  • Question 12
    60 seconds
    Q.

    goods naturally found on the earth

    answer choices

    natural resources

    supply

    demand

    services

  • Question 13
    60 seconds
    Q.

    services provided by people

    answer choices

    human resource

    import

    scarcity

    consumer

  • Question 14
    60 seconds
    Q.

    goods made to use in the production of other goods

    answer choices

    capital resouces

    demand

    taxes

    export

  • Question 15
    60 seconds
    Q.

    a good made in another country and brought into the United States

    answer choices

    import

    scarcity

    supply

    spending

  • Question 16
    60 seconds
    Q.

    A good made in the United States and sent to other countries

    answer choices

    export

    consumer

    savings

    taxes

  • Question 17
    60 seconds
    Q.

    not having enough

    answer choices

    scarcity

    supply

    human resouce

    taxes

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