Question types

Start with

Question limit

of 51 available terms

Advertisement Upgrade to remove ads
Print test

5 Written questions

5 Matching questions

  1. public property
  2. tax assesor
  3. excludable public good
  4. socialism
  5. public good
  1. a a government official taxed with the job of determing the fair market value of your home
  2. b a good of which one person's consumption does not take away from another person's consumption
  3. c an economic system in which government controls and may own many of the resources
  4. d any good that is owned by the government
  5. e a public good that individuals can be excluded (physically prohibited) from consuming

5 Multiple choice questions

  1. what is the name of the new product Apple just released?
  2. who is the district attorney
  3. who is the Chancellor of UNO and used to be on the Ben Franklin Board A2E2?
  4. the amount of money by which total cost exceeds total revenue
  5. the idea that you go in for one reason (usually military force) and is diverted into another reason that was not planned for

5 True/False questions

  1. NAFTANorth American Free Trade Agreement


  2. labor theory of valuethe difference between the total value of production and the subsistence wages paid to workers


  3. economic planthe way in which a society decides what goods to produce, how to produce them, and for whom goods will be produced


  4. traditional economyan economic system in which the answers to the three economic questions are based on customs, traditions, and cultural beliefs


  5. ostentatiousflaunts, gaudy, over the top