Warmups Jan. 30-Feb. 3

Monday, Jan. 30, 2017

1. What type of community is best described by the chart below?

A. urban

B. suburban

C. global

D. rural

2. Which equation determines population density?

A. Total Population ÷ Land Area

B. Total Population x Land Area

C. Land Area ÷ Total Population

D. Land Area x Total Population

Literacy - ____________________________________________________________________________

Tuesday, Jan. 31, 2017

3. The opportunity cost of a good is

A the time lost in finding it

B the quantity of other goods sacrificed to get another unit of that good

C the expenditure on the good

D the loss of interest in using savings

4. Scarcity requires that people must

A. trade.

B compete.

C cooperate.

D make choices.

Literacy - _____________________________________________________________________________

Wednesday, Feb. 1, 2017

5. When an economy produces more houses and fewer typewriters, it is answering the ________ question.

A. Where B. for whom C. how D. what

6. When China builds a dam using few machines and a great deal of labor, it is answering the ________ question.

A)"how" B)"what" C) "where" D)"for whom"

Literacy - __________________________________________________________________________

Thursday, Feb. 2, 2017

7. Entrepreneurs do all of the following EXCEPT

A) take risks from business decisions.

B) own all the other resources.

C) come up with new ideas about what, how, when and where to produce.

D) organize labor, land, and capital.

8. Overtime worked by a JCPenney associate is considered ________ and earns ________.

A. entrepreneurship; profit

B. labor; profit

C human capital; interest

D labor; wages

Literacy - __________________________________________________________________________

Friday. Feb. 3, 2017

CNN 10

1. ____________________________________________________________________

2. ____________________________________________________________________

3. ____________________________________________________________________

4. ____________________________________________________________________