Economics Quizzes & Trivia
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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
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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
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Sample QuestionWhat 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
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Sample QuestionWhat 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
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Sample QuestionWhy 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
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Sample QuestionWhich was the 1st bank managed by Indians?
Recent Quizzes
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Questions: 10 | Attempts: 54 | Last updated: Feb 8, 2021
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Sample QuestionMan get it free in natural form:
Questions: 10 | Attempts: 308 | Last updated: Jan 29, 2021
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Sample QuestionWhat was to focus on demonetization?
Questions: 9 | Attempts: 129 | Last updated: Jan 20, 2021
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Sample QuestionWhat would be the development goal of a person who depends only on rain for growing crops?
Questions: 21 | Attempts: 958 | Last updated: Jan 4, 2022
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Sample QuestionWhich of the following is NOT an example of the uses of the personal income of a household?
Inflation is the state in which a given country's currency loses its values as common commodities rise. There are four types of inflation, which include creeping, walking, galloping, and hyperinflation. The difference comes...
Questions: 31 | Attempts: 177 | Last updated: Sep 23, 2020
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Sample QuestionInflation occurs when aggregate supply is ___
Inflation in economic terms is the rate in which the prices of daily goods increase. The increased rate puts weight in a country's economy up to a point where its currency does not have value. This quiz gives you a chance...
Questions: 30 | Attempts: 86 | Last updated: Sep 23, 2020
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Sample QuestionWhat is the definition of inflation?
Questions: 17 | Attempts: 28 | Last updated: Jan 4, 2022
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Sample QuestionComposite of the economic status of families or persons on the basis of occupation, educational attainment, and income.
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Questions: 30 | Attempts: 261 | Last updated: Feb 9, 2021
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Sample QuestionGDP per capita is GDP divided by:
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Questions: 25 | Attempts: 734 | Last updated: Feb 9, 2021
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Sample QuestionEconomics is considered with:
Questions: 10 | Attempts: 128 | Last updated: Feb 1, 2021
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Sample QuestionPrice floor is to protect the interests of:
Questions: 20 | Attempts: 802 | Last updated: Jan 4, 2022
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Sample QuestionAll store category VBA can participate in MPL contest?
Economics is based on the power of demand and supply. It is a necessary arsenal for understanding market flows and movement. Various laws and theories are put into action, but their accuracy sure needed to verified. Econometrics...
Questions: 10 | Attempts: 331 | Last updated: May 9, 2019
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Sample QuestionWho coined the term "econometrics"?
Questions from Test 6-11.
25 questions per round.
The questions change every time you retake the test.
150 questions in total.
Questions: 150 | Attempts: 496 | Last updated: May 8, 2019
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Sample QuestionTotal revenue necessarily equals
Health economics is mostly related to ensuring that there are efficiency and effectiveness in the health care industry. This branch of economics is very profitable, and many students are majoring in it. Do you wish to refresh...
Questions: 20 | Attempts: 199 | Last updated: Jan 4, 2022
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Sample QuestionAll of the following are health determinants except one:
How much knowledge of economics do you have? Do you believe you can pass this quiz? With this quiz, you will be responsible for learning what the three factors of production are, what does the production possibility curve show...
Questions: 22 | Attempts: 45 | Last updated: May 25, 2021
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Sample QuestionWhat are the 3 Factors of Production?
Questions: 10 | Attempts: 127 | Last updated: Feb 10, 2021
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Sample QuestionOpportunity cost is not zero ______________
The Institute of Economic Affairs (IEA) is a privately funded non-profit organization that promotes free-market economics. Institute of Economic Affairs organization was found in the 1950s by Antony Fisher in Westminster,...
Questions: 10 | Attempts: 102 | Last updated: Jan 4, 2022
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Sample QuestionThe major economic ideaology promoted by the institute of economic affairs is?
Can you give the PLU Codes for the following commodities?
Questions: 20 | Attempts: 493 | Last updated: Jan 4, 2022
Questions: 40 | Attempts: 141 | Last updated: Jan 4, 2022
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Sample QuestionThe most important determinant of consumer spending is
Questions: 40 | Attempts: 231 | Last updated: Apr 22, 2018
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Sample QuestionEconomic growth is best defined as an increase in
Home economics education, domestic science or home science is a field of study that deals with the economics and management of the home, family and community. Try to solve this test from 1954!
Questions: 10 | Attempts: 646 | Last updated: Oct 20, 2020
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Sample QuestionWhat's the first thing you should do when you wake up in the morning, according to Home economics education?
As slavery grew in economic and political significance, imperial and colonial powers faced powerful, organized pressure to support and maintain slavery. This led to the different movements that advocated for the abolition of...
Questions: 10 | Attempts: 123 | Last updated: Mar 16, 2018
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Sample QuestionWho was supposed to benefit from the emancipation movement?
Questions: 142 | Attempts: 79 | Last updated: Dec 18, 2020
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Sample QuestionBecause Buyers and Sellers neglect the external effects of their actions when deciding how much to demand or supply, the market equilibrium is not efficient.
Trade by barter is a popular word used in marketing, It is the major medium of exchange of goods and services years back. Funny enough many don't know much about it. Do you think you know a lot about it? Why not test your...
Questions: 10 | Attempts: 402 | Last updated: Jan 4, 2022
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Sample QuestionWhich of the following is the general medium of exchange in the world today?
Questions: 30 | Attempts: 161 | Last updated: Apr 30, 2020
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Sample QuestionWhich of the following pairs is a substitute?
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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
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Sample QuestionWhat 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
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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
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Sample QuestionDiffrence 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
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Sample QuestionWhich 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
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Sample QuestionWhat 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
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Sample QuestionWhat is NOT a fiduciary?