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Ch. 3 Practice Test

Teacher Scott 10 questions

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Questions in this quiz (10)

  1. 1What do you call the money you receive for doing your job?
    1. Aincome
    2. Bsavings
    3. Cinvestment (การลงทุน)
    4. Dexpenditure
  2. 2Which one is NOT a productive resource?
    1. Acapital
    2. Bland
    3. Cconsumer
    4. Dentrepreneur
  3. 3Which one is an intangible product?
    1. Afood
    2. Bhouse
    3. Ctransportation (Grab service)
    4. Dclothes
  4. 4Ken's mother grows lemons at home. What role does Ken's mother play?
    1. Aproducer
    2. Bconsumer
    3. Cbuyer
    4. Dseller
  5. 5What will happen if a family's household income is more than their expenditure?
    1. AThe family will have debts.
    2. BThe family will have savings.
    3. CThe family will not have enough money to spend.
    4. DThe family will have to borrow (ขอยืม) money from other people.
  6. 6Who determines (makes or decides) the price of goods and services?
    1. Abuyers
    2. Bsellers
    3. Cboth buyers and sellers
    4. Dthe government (รัฐบาล)
  7. 7What would a wise (smart) consumer do?
    1. ACompare prices and the quality of goods before buying.
    2. BBargain (หักคอ) for the cheapest price.
    3. CBuy only expensive (แพง) and branded goods.
    4. DMake friends with traders to get discounts and free gifts.
  8. 8What is the process whereby goods are used by people?
    1. Aproduction
    2. Bconsumption
    3. Ctrade
    4. Dexchange
  9. 9Whose occupation involves the buying and selling of goods?
    1. Apolice
    2. Bfarmer
    3. Ctrader
    4. Dhousewife (mother)
  10. 10Which of the following is NOT a way to save money?
    1. ABuying expensive things
    2. Bdepositing money into the bank
    3. Cputting spare (extra) coins into a savings box (piggy bank)
    4. Dgiving money to your mother for safekeeping

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Description
Practice test from page 103 - 104.
Language
English
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