Economics Unit 1 Online Test

Which economic system gives individuals the largest influence?

Which of the following is an opportunity cost of going to college?

Which of the following is not a shortage?

Almost all modern economies today are mixed economies

A production possibilites curve shows alternative ways to use resources and opportunity costs

Thinking at the margin involves how much more or less to add or subtract when making a decision

The phrase "guns or butter" means guns are consumer goods while butter is military goods

What is a public sector?

What is Underutilization?

What is Scarcity?


This is mainly for high school students taking Economics. I'm doing this for my own benefit. I need 250 characters so i guess I'll keep typing, typing, and typing some more. I really hope I pass this testttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt



Jessica R
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