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Economics! Yeah! Flashcards | StudBud
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Economics! Yeah!
Economics! Yeah!
5 terms
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StudBud Administration
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177 plays
A quick quiz for early economics concepts. 4th grade level.
Flashcards
5 cards
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Practice quiz
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Host live
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Questions
5
Answers
1
If there is a high demand, but a low supply, there will be a ___________ of the item.
supply
demand
scarcity
opportunity cost
2
When you buy into a company to increase your money, you are ______________.
producing
investing
not smart
a consumer
3
If you give up something you want for something else, what you gave up is your _______________.
goods
scarcity
opportunity cost
money
4
The government pays for roads, schools, emergency systems, and other things with _________.
opportunity cost
taxes
services
goods
5
The amount of goods a business has.
cost
supply
investment
demand