Anyone think they are good at economics? try this then..?

Question

1.When we say that money can be used as a store of value, we earn?

a)it can be used to measure the worth

b)buyers and sellers are both willing to accept its worth

c)it will keep its worth over time.

d)its worth can be divided into smaller units

2. The growth of a free enterprise system is mostly due to

a)low prices

b) the desire to earn profits

c)a variety of goods and services

d)the absence of government control

3.The market system is said to be driven by

a)contracts

b)government controls

c)self-interest

d)property ownership

4. The amount of interest, how long payments will go on, and the total amount to be paid are important things to know when you're

a)buying on credit

b)writing a check

c)investing

d)opening a checking account

5. When the Fed wants people to spend more, it increases the money supply.A large money supply is called

a)tight money

b)an open vault

c)reserve currency

d)easy money

Answer 1

1.WHEN WE SAY THAT MONEY CAN BE USED AS A STORE OF VALUE, WE EARN?

a)it can be used to measure the worth

2. THE GROWTH OF A FREE ENTERPRISE SYSTEM IS MOSTLY DUE TO

c)a variety of goods and services

.

3.THE MARKET SYSTEM IS SAID TO BE DRIVEN BY

a)contracts &

c)self-interest

4. THE AMOUNT OF INTEREST, HOW LONG PAYMENTS WILL GO ON, AND THE TOTAL AMOUNT TO BE PAID ARE IMPORTANT THINGS TO KNOW WHEN YOU'RE

c)investing

5. WHEN THE FED WANTS PEOPLE TO SPEND MORE, IT INCREASES THE MONEY SUPPLY.A LARGE MONEY SUPPLY IS CALLED

b)an open vault

Answer 2

1:

c)it will keep its worth over time.

2:

b) the desire to earn profits

3:

c)self-interest

4:

a)buying on credit

5:

d)easy money

Answer 3

1.  C

2.  B

3.  C

4.  A

5.  D

Answer 4

1.A? Not completely ^^' sure

2. B

3. C

4. A

5. D

Answer 5

1 doesn't sound like a proper question.  You might want to check the way you have it written.  I'll assume the last word is mean, not earn.   If so, the answer is either b or c, I'm inclined to think they want c

2.  d

3. c

4 a

5  d