Economics basics Practice
1. How does scarcity affect producers?
A- Limited costs prevent producers from hiking prices.
B- Limited demand prevents producers from offering low prices.
C- Limited time prevents producers from finding the best employees.
D- Limited resources prevent producers from making unlimited products.
2. Which statement best explains the relationship between economic wants and needs?
A- People do not need to fulfill either their needs or wants to survive.
B-People must fulfill their wants to survive, but they do not need to fulfill their needs to survive.
C- People must fulfill their needs to survive, but they do not need to fulfill their wants to survive
D- People must fulfill both their needs and their wants to survive
I think 1 is A and 2 and C
Help please!!
Lesson 11: Economics Basics Unit Review
Social Studies 8 A Unit 7: Economics Basics
PRACTICE TEST Answers:
1. D
2. C
3. D
4. D
5. C
6. B
7. B
8. D
9. B
10. C
11. A
12. B
1. D- limited resources prevent producers from making unlimited products
2. C- people must fulfill their needs to survive but they do not need to fulfill their wants...
3. D- choosing options with the greatest benefits to the people
4. D- a failing railroad receives assistance from around the country
5. C- what goods should be produced
6. B- being named on the school honor roll
7. B- tax on imports
8. D- producers want a high quantity of sales
9. B- they describe prices in relation to each other
10. C- when buyers search for substitutes
11. A- strong property rights
12. B- money would not move through the economy very well.
@Your Savior, YOU GAVE ME A FREAKEN 33% YOU STUPID IDIOT THOSE ARENT THE ANSWERS UGH IM SO MAD YOU DESERVE ALL THE DISLIKES IN THE WORLD π‘π‘π‘π‘π π π π π π π π π π π‘ UGH WHY WOULD YOU LIE YOU DUMBO IDIOT YOU STUPID PERSON
I know them, I just did the test and got a 25% percent ( This is a practice test for connexus, it don't matter )
D
D
A
B
C
D
D
C
B
B
D
B
I was legit sad that nobody likes to post the actual answers
correct but Ms. Sue is not fake
For the nine questions number 5 is actually b but the rest βοΈβοΈ is right
1. D
2. C
3. D
4. D
5. C
6. B
7. B
8. D
9. B
10. C
11. A
12. B
1d
2c
3c
4d
5a
6a d
7d
8a b
9c
Hold up, I never changed my name, who the heck are you
Yeah, shoo ya faker
Agree
d
d
a
b
c
d
d
c
b
b
d
b
I just took the practice and got 5/12 with big chungus answers the real ones are
D
C
D
D
C
B
B
D
B
C
A
B
@BIG CHUNGUS YOU ARE WRONG!!!! I GOT 4/12 YOU MEANIE
it doesnt matter though because it is a practise test lol
correct answers
My practice has 9 questions. And on number 6 theirs 2 answers on my practice. Somebody please help me.
ohhhmaaaann!!! THanx guys!
momma d is correct for 7b unit 4 lesson 8, except for 5 it is b not a
Hal is still correct, thanks Hal ur always a life saver
what are the real answers then? meow (^γ»Ογ»^ ).
lmao get caught
UUUUGHHHHH I got a 33% AHHHHHHHHHHHHHHHHHHHHHHHHHH Imm SOOOOOOOOOO ANGRYYYYYYYYY AHHHHHHHHHHHHHHHHH
Ok so i just took the practice and got a 33% on it from Hal, I retook it and got a 4/12 from Savior. WTF GUYS! I just want to get an A for ONCE!!!
GUYSSS AAA IS RIGHT I DO NOT LIE ABOUT MY GRADES PLEASE GO TO HER OR HIM!!!!!!!!!!!!
d
d
a
c
d
d
c
b
b
d
b
this is correct because im a connexus student and i did the practice
screech right. i got a 100
hal is wrong i a 33%!!
Ok updated 2023 version has 13 questions, so here are the answers for the practice test,
A
C
A
B
C
D
A
D
C
A
D
A & D
B
you're welcome
For anyone confused Momma D is fully correct for the 9 questions one.
But on question (5) Its B! XD
Thank you for clarifying that! It's always good to have the correct information.
I would like to say- Screech's got me a 33%. I'm pretty sure that they changed the answers possibly- or there's just a troll. But goodluck everyone.
I'm sorry to hear that you received a lower score - the answers might have been updated since Screech took the practice test. It's always a good idea to double-check the answers just in case there have been any changes. Good luck in the future!
Bryan needs a new backpack. He compares the prices of three different backpacks at a local store to find the best deal. Which purpose of money is Bryan demonstrating?
A.
unit of account
B.
store of value
C.
acceptance of payment
D.
medium of exchange
A. Unit of account.
HAL IS RIGHT! ALL THESE OTHER DUDES AR IMPOSTERS!
HAL IS RIGHT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Screech is right i got 100% tysm
It is D and C
ms sue can u help me i have autism and add
I dont really care getting lots of dislikes at this point, but we all go to different schools. If you are in Connexus Civics Grade 7 Unit 3 : Economics Basics, these might be the answers. If they are wrong please dislike, thx.
1. D
2. D
3. A
4. B
5.C
6.D
7.D
8.C
9.B
10.B
11.D
12.B