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5 Written questions

5 Multiple choice questions

  1. required payments to government
  2. things that are bought and sold
  3. money or goods or services owed by one person to another
  4. a person who uses goods or services
  5. Intangible products such as education, health care, insurance, recreation, and travel and tourism

5 True/False questions

  1. creditmoney or goods or services owed by one person to another

          

  2. economythe study of how people seek to satisfy their needs and wants by making choices

          

  3. distributionmoney or goods or services owed by one person to another

          

  4. producera person who uses goods or services

          

  5. basic needsThese are the things people cannot live without, such as food, clothing, and shelter.

          

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