About this worksheet
Plan 45 minutes for this 7-page unit test on benefits, costs, and choices in 4th grade economics. Section 1 has 13 items: multiple-choice vocabulary on scarcity and opportunity cost, two true-or-false questions, and five statements to label Benefit or Cost. Section 2 gives two decision scenarios, Leo choosing a $40 video game over his bicycle fund and Emma picking the school play over Saturday soccer, with five questions each. Question 24 asks for a paragraph on $50 sneakers versus a $150 tablet using four vocabulary words. It assesses C3 Framework D2.Eco.1.3-5 and has a full answer key.
