Econ-1.3 Formative Assessment Option 1

Presentation

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Social Studies

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11th Grade

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Practice Problem

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Hard

Chris Schriever

FREE Resource

4 Slides • 8 Questions

Categorize

Options (6)

BOGOs

Getting Grounded

Speeding Tickets

Decreased Sales

Bonus Pay

Tax Deductions for making Donations

Categorize each example given as either a positive incentive or a negative incentive.

Positive Incentive

Negative Incentive

Audio Response

I am trying to decide between buying an iPhone 15 or a Samsung Galaxy 24. Clearly provide 1 positive incentive and 1 negative incentive that would cause me to purchase the iPhone 15.

Open Audio Recorder

Audio Response

Provide 1 similarity and 1 difference between positive incentives and negative incentives.

Open Audio Recorder

Multiple Choice

Which of the following would be the proper definition of the term "Incentive"?

A promised reward designed to motivate people to not make a specific choice at all.

A promised reward designed to motivate people to make no choice at all.

Anything that motivates us to act a certain way or make certain choices with our limited resources.

Multiple Choice

How do negative incentives affect behavior?

They encourage all forms of behaviors

It directs I,B,G toward a specific option by giving punishments for NOT choosing that option

It directs I,B,G toward away from a specific option by giving punishments for choosing that option

They do not affect behavior at all

Multiple Choice

Think logically, if positive incentives were used for workers producing automobilies, what would this lead to in the long term?

Market saturation

Workers that increase their productivity and healthy competition

Workers quitting

Decreased overall performance

Multiple Choice

Does the image given represent a positive or negative incentive?

Positive Incentive

Negative Incentive

Multiple Choice

Which of these is an example of a negative incentive?

Receiving extra credit for taking notes

Winning a lottery

Fines for littering

Getting a bonus at work

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