Economics Quizzes, Questions & Answers
Recent Quizzes
This Unit 2 Test explores key concepts of supply, demand, and competition in economics. It assesses understanding of market dynamics, factors influencing demand, and the role of competition in pricing. Essential for students of...
Questions: 48 | Attempts: 577 | Last updated: Mar 21, 2023
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Sample QuestionDemand can only occur when a buyer is _________
Welcome to the Trivia Questions Test on Economics. The quiz will test your understanding of the business environment and the different factors that affect the growth of a business based on what you study in your economics...
Questions: 10 | Attempts: 271 | Last updated: Mar 22, 2023
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Sample QuestionThe need to make choices arises because
Macro Practice Test 1 assesses understanding of basic economic concepts such as scarcity, market operations, and rational behavior. It explores how individuals and markets respond to various economic incentives and constraints.
Questions: 125 | Attempts: 334 | Last updated: Mar 21, 2023
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Sample Question1) Scarcity
Economics Study Quiz #2 explores key aspects of income distribution, focusing on how income is allocated among households, the largest shares of national income, and spending patterns. This quiz assesses understanding of economic...
Questions: 43 | Attempts: 253 | Last updated: Mar 22, 2023
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Sample QuestionThe personal distribution of income refers to the
Play our online quiz on the basics of economics and test your knowledge about the most important concepts include the three types of wealth, what is described as a factor of production, the establishment of goods and services...
Questions: 10 | Attempts: 443 | Last updated: Mar 22, 2023
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Sample QuestionWhich of the following are referred to as a factor of production?
Economics and business are quite interesting to study as they are living subjects. The quiz below tests your knowledge of different business conditions and policy-related issues. All the best in the quiz as you gain more...
Questions: 30 | Attempts: 2316 | Last updated: Mar 22, 2023
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Sample QuestionThe size of pricing and differentiation advantages between competitors decreases in which stage of the market life cycle?
The study of economics is an important one, which looks at how we produce, distribute and consume goods and services for a variety of reasons. A lot of the world we live in relies on trade, whether it’s from country to...
Questions: 10 | Attempts: 4804 | Last updated: Mar 22, 2023
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Sample QuestionEconomics is an exact science.
This quiz covers key aspects of Southwest Asian geography, focusing on Saudi Arabia, its economic reliance on oil, and the influence of Islam. It assesses understanding of political structures, religious practices, and economic...
Questions: 13 | Attempts: 115 | Last updated: Apr 3, 2024
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Sample Question____________ is the monotheistic religion based on the teachings of its founder- the Prophet Muhammad.
this the second of 3 sections to review for a general economics senior in high school final
Questions: 30 | Attempts: 135 | Last updated: Jul 25, 2024
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Sample QuestionThe curve that shows the direct relationship between price and the quantity of the product is called the
Can you identify with Econ 202? Econ is shortform for economics. With this quiz, you must be aware of a market situation in which a few large firms are called, what is an oligopolistic market, the two major types of government...
Questions: 24 | Attempts: 832 | Last updated: Mar 22, 2023
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Sample QuestionA market situation in which there are a few large firms is called
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