Statistics for Definitions of economics

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Question	Answer	% Correct
What does Scarcity means?	Limited resources to satisfy unlimited needs	100%
Explain the difference between Needs and Wants	Wants are goods and services which makes us happy, but we can live without it, and Needs are basic goods and services to survive	100%
Which images fits better the word Entrepreneur		95%
Consumers means people that eat a huge amount of food	False	95%
Which of these answers is not a Natural Resource	Plastic	95%
Definition of Market	Where consumers and producers exchange a specific good or service	95%
Which image represents best the word Money	All of them	90%
Which of these options has a fair price	A pack of six bottles of water for 3 dollars	90%
What are Taxes	A payment to the government so that they can improve the conditions of a country	90%
Definition of equilibrium price	A price where consumers are happy to buy and producers are happy to sell	90%
What is inflation	The constant increase of the price	90%
A zoo keeper can be an entrepreneur	True	86%
Is a toy a Need or a Want	A Want	81%
Is Human Labor and Human Resources the same?	No	81%
Which definition suits the best, Economics	A Social Science that deals with limited resources to satisfy unlimited needs and wants	76%
Households is a place where consumers physically live	True	67%
What are Human Resources	Members of society that are capable of working	57%
Efficiency to use limited resources in the production of a good or service	Production	52%
Which answer is a Capital Resource	Factory	43%
Consumers of goods and services	Demand	5%