Econ Quizzes & Trivia
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What better way to test your knowledge of the ins and outs of Econ than awesome Econ quizzes? Test yourself and share these Econ quizzes with your friends and peers. Enhance your knowledge about Econ and learn something completely new by answering these insightful quiz questions. You can even get insights into creating awesome quizzes of your own with these Econ quizzes.
Each and every Econ quiz here has well-researched and interesting quiz questions that test your grasp of the subject. You can easily learn something new about Econ with every question you attempt.
Questions: 60 | Attempts: 282 | Last updated: Apr 30, 2012
Sample Question1. The diamond-water paradox is the observation that
Questions: 70 | Attempts: 220 | Last updated: Apr 30, 2012
Sample Question1. Market failure is a situation in which
Questions: 81 | Attempts: 194 | Last updated: Apr 30, 2012
Sample Question1. Two major exports for the United States are
Questions: 39 | Attempts: 148 | Last updated: Mar 30, 2018
Sample QuestionAssume the market for organic produce sold at farmers markets is perfectly competitive. All else equal,as equilibrium price of the produce and sell organic produce at farmers' markets, what is likely to happen to the equilibrium price of the produce and profits of the organic farmers in the long run?
Questions: 44 | Attempts: 122 | Last updated: Feb 15, 2013
Sample Question1. The "balance of payments" is a periodic statement of the
Which of the two curves, X or Y, represents marginal social benefits and why? This graph represents a positive externality situation.
Questions: 18 | Attempts: 69 | Last updated: Jan 11, 2013
Sample QuestionWhich of the following statements is entirely correct? The income-expenditure model is useful for understanding:
Questions: 21 | Attempts: 55 | Last updated: Jan 30, 2013
Sample QuestionThe three determinants of the supply of real GDP are
Questions: 18 | Attempts: 38 | Last updated: Jan 11, 2013
Sample QuestionWhich of the following was the key problem of the Great Depression in the 1930s according to British economist John Maynard Keynes?
Questions: 21 | Attempts: 33 | Last updated: Dec 17, 2013
Sample QuestionSenator Smith wants to increase taxes on people with high incomes & use it to help the poor. Senator john argues this would discourage successful people from working & make society worse off. An economist would say:
Questions: 135 | Attempts: 31 | Last updated: Feb 5, 2013
Questions: 3 | Attempts: 26 | Last updated: Jan 11, 2013
Sample QuestionFrom the time you receive a payment until the time you make a payment, you can keep your purchasing power in the form of money. This property of money is called:
Questions: 18 | Attempts: 23 | Last updated: Jan 11, 2013
Sample QuestionThe accelerator theory emphasizes the role of:
Questions: 45 | Attempts: 20 | Last updated: Jan 25, 2013
Sample QuestionThe ‘indirect model’ of financing involves
Questions: 3 | Attempts: 17 | Last updated: Dec 13, 2012
Sample QuestionWhat are the three basic questions that every economic society must answer?
Questions: 39 | Attempts: 12 | Last updated: Mar 8, 2018
Sample QuestionThe difference between the highest price a consumer is willing to pay for a good and the price the consumer actually pays is called
Questions: 60 | Attempts: 12 | Last updated: Jul 30, 2011
Sample QuestionOf the four factors that influence asset demand, which factor will cause the demand for all assets to increase when it increases, everything else held constant?
Questions: 40 | Attempts: 10 | Last updated: Dec 15, 2015
Sample QuestionA small cafe near campus sells cappuccinos for $2.50 and russian tea cakes for $1 each. What is the Opportunity cost of buying a cappuccino?
Questions: 43 | Attempts: 10 | Last updated: Aug 4, 2015
Sample QuestionWhen firms have the ability to restrict output, raise prices, stifle competition, and inhibit innovation the market failure involved is:
Questions: 10 | Attempts: 10 | Last updated: Aug 3, 2015
Sample QuestionO matemático da gravura abaixo chama-se:
Questions: 86 | Attempts: 5 | Last updated: Feb 11, 2013
Sample QuestionA market structure in which a small number of interdependent firms compete is called what?