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Economics Quiz Supply and Demand

Authored by Leah H

Education

9th - 12th Grade

Used 66+ times

Economics Quiz Supply and Demand
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10 questions

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1.

MATCH QUESTION

1 min • 5 pts

Match the following

exports

Jobs and/or things that people do for other people

goods

Agreement between countries to trade.

trade agreement

Goods and services that are purchased and go to a different country.

services

Things you can buy.

imports

Goods and services that are

purchased and brought into the

country.

2.

FILL IN THE BLANKS QUESTION

1 min • 5 pts

When you have a lot of something and you can give it another country

(a)  

3.

FILL IN THE BLANKS QUESTION

1 min • 5 pts

When you want something in your country

(a)  

4.

AUDIO RESPONSE QUESTION

10 mins • 5 pts

An ________ _________ is when two countries decide to exchange goods and services with each other.

30 sec audio

Answer explanation

trade agreement

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

how much you pay for a good or service

tarrifs

goods

price

demand

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

the system for figuring out how to get people what they need

trade agreement

economy

services

trade war

7.

VIDEO RESPONSE QUESTION

10 mins • 5 pts

person who studies the trends in supply and demand nationwide

30 sec video

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