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Economics Quizzes & Trivia

The demand for quizzes is rapidly growing and yet there is not enough supply yet. We have to solve this issue quickly if we are to increase our profits and gain a huge market share. Competition is becoming increasingly stiff and we have to optimize production and resource allocation in order to increase our sales. You have been appointed as the new manager of this branch and it is your job to put it back on its feet. There are many questions left unanswered and you have to deal with them first.

What was the country whose economy occupied the first position in a list by incremental GDP between 2000 and 2010? Microeconomics analyzes how entities interact within a market to create what? Time to apply all your knowledge on economics.
Top Trending Quizzes

Different factors affect the economic status of a country or individual, and one of the most common is the political environment and inflation as a whole. Over the past few weeks, we have covered much about economic and social...

Questions: 10  |  Attempts: 20277   |  Last updated: Jun 15, 2020
  • Sample Question
    "Inflation increases the average level of prices". What does this statement refers to? 1. The price of commodities exceeds income 2. In real terms, the Money supply grows at a higher rate than the Gross Domestic ProductSelect the correct answer

Take our RIBO license practice exam quiz with the questions provided below in order to excel at being the most knowledgeable in your field. RIBO is a self-governing, self-supporting organization of insurance brokers who practice...

Questions: 10  |  Attempts: 14381   |  Last updated: Jan 16, 2022
  • Sample Question
    What is NOT a fiduciary?

Test Your Economics Knowledge With This Quiz! Human wants are unlimited, but the resources used to meet them are scarce. This, therefore, means that organizations and governments need to know how to use these resources and meet...

Questions: 27  |  Attempts: 14398   |  Last updated: Mar 22, 2021
  • Sample Question
    What is the financial gain made in transactions? 

GDP, levels of employment, life expectancy and literacy are indicators that measure socio-economic development. This test is taken up by Countries so that they see how well they are doing as compared to the standards they put for...

Questions: 10  |  Attempts: 10428   |  Last updated: Jan 4, 2022
  • Sample Question
    Why is direct taxation considered a better form of taxation?

Are you looking for some revision material for the social and economic development topics? If you said yes then the quiz below is exactly what the doctor prescribed, take it up and get to have an extensive revision on the subject...

Questions: 10  |  Attempts: 7551   |  Last updated: Jan 4, 2022
  • Sample Question
    Which was the 1st bank managed by Indians?
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Popular Quizzes

If you are an economics student, then you must know that economics is all about supply, demand, and maximizing income, be it in a business or a country. Have you been having a hard time revising for your microeconomics course...

Questions: 10  |  Attempts: 29096   |  Last updated: Jun 24, 2020
  • Sample Question
    What Microeconomics is about?

Different factors affect the economic status of a country or individual, and one of the most common is the political environment and inflation as a whole. Over the past few weeks, we have covered much about economic and social...

Questions: 10  |  Attempts: 20257   |  Last updated: Jun 15, 2020
  • Sample Question
    "Inflation increases the average level of prices". What does this statement refers to? 1. The price of commodities exceeds income 2. In real terms, the Money supply grows at a higher rate than the Gross Domestic ProductSelect the correct answer

Macroeconomics is the branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. Do you need some practice for an upcoming assignment or test? Do you wanna test...

Questions: 9  |  Attempts: 20227   |  Last updated: Jul 6, 2020
  • Sample Question
    Diffrence between Real and Nominal GDP is:  

This quiz covers the basics of demand & supply. All questions come from your Introduction to Demand, Introduction to Supply, and Determining Price Notes. You will have 1 minute to answer each question.

Questions: 10  |  Attempts: 15436   |  Last updated: Jan 5, 2021
  • Sample Question
    Which of the following is not a component of demand?

Test Your Economics Knowledge With This Quiz! Human wants are unlimited, but the resources used to meet them are scarce. This, therefore, means that organizations and governments need to know how to use these resources and meet...

Questions: 27  |  Attempts: 14397   |  Last updated: Mar 22, 2021
  • Sample Question
    What is the financial gain made in transactions? 

Take our RIBO license practice exam quiz with the questions provided below in order to excel at being the most knowledgeable in your field. RIBO is a self-governing, self-supporting organization of insurance brokers who practice...

Questions: 10  |  Attempts: 14374   |  Last updated: Jan 16, 2022
  • Sample Question
    What is NOT a fiduciary?