Team 1
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Team 2
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Teams
Name
Score
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heart
Other team wins 15 points!
Oops!
×
gold
Win 50 points!
Okay!
×
rocket
Go to first place!
Okay!
×
thief
Give points!
5
10
15
20
25
×
seesaw
Swap points!
Oops!
×
gold
Win 50 points!
Okay!
×
shark
Other team loses 15 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
What does production possibility curve show?
The maximum number of goods that can be produced with all the given resources
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Okay!
Check
15
×
What does scarcity mean?
Limited amount/number of something
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Check
×
seesaw
Swap points!
Oops!
×
seesaw
Swap points!
Okay!
×
shark
Other team loses 10 points!
Okay!
×
banana
Go to last place!
Oops!
×
banana
Go to last place!
Oops!
×
fairy
Take points!
5
10
15
20
25
×
fairy
Take points!
5
10
15
20
25
×
banana
Go to last place!
Oops!
15
×
What can lead to economic growth?
Technology, innovation, training and education, increase in resources
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15
×
What are consumer goods?
Products that are bought by households and individuals
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15
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Give an example of consumer goods
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15
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What does PPF stand for?
Production possibility frontiers
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15
×
Give an example of normative economic statement
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15
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Give an example of capital goods
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15
×
What is economic growth?
Increase in the level of output by a nation
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15
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Give an example of opportunity cost
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15
×
What are positive economic statement?
Statements that can be proven to be true or false
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15
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What are normative economic statements?
Statements that are based on value judgement and can't be proven to be true or false
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×
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