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		96%
Consumers means people that eat a huge amount of food	False	96%
Definition of Market	Where consumers and producers exchange a specific good or service	96%
Which image represents best the word Money	All of them	92%
Which of these options has a fair price	A pack of six bottles of water for 3 dollars	92%
What are Taxes	A payment to the government so that they can improve the conditions of a country	92%
Definition of equilibrium price	A price where consumers are happy to buy and producers are happy to sell	92%
What is inflation	The constant increase of the price	92%
Which of these answers is not a Natural Resource	Plastic	88%
A zoo keeper can be an entrepreneur	True	88%
Is a toy a Need or a Want	A Want	84%
Is Human Labor and Human Resources the same?	No	84%
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	72%
What are Human Resources	Members of society that are capable of working	60%
Efficiency to use limited resources in the production of a good or service	Production	52%
Which answer is a Capital Resource	Factory	44%
Consumers of goods and services	Demand	12%