Economics Quizzes, Questions & Answers
Recent Quizzes
This test covers economic principles and theories, exploring concepts like labor income, market solutions, and views on communism and economic fairness.
Questions: 25 | Attempts: 171 | Last updated: May 28, 2024
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Sample QuestionWhich of the following principles is most clearly taught in Scripture?
Economics is a study that helps us to identify how to maximize the output we get from our scarce resources and meet the needs of our clients or our own needs. Do you wish to test your knowledge about economics? Take up the quiz...
Questions: 9 | Attempts: 1790 | Last updated: Jul 17, 2024
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Sample QuestionThe value of the best alternative forgone when an activity is chosen can best be defined as
To test the knowledge of students on the topic of supply and demand.
Questions: 5 | Attempts: 1401 | Last updated: Mar 17, 2022
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Sample QuestionPrice is the determining factor of both suppy and demand?
The end of the semester is here, and this means that you have to sit for your respective exams. Are you an economics student and think that you have prepared fully for the upcoming exam? If you are in doubt, take up the exam...
Questions: 7 | Attempts: 264 | Last updated: Mar 20, 2023
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Sample QuestionAll of the following where reasons for the Great Depression of 1929 except _________?
This quiz covers fundamental economic concepts, focusing on market structures, demand relationships, and factors influencing demand curves.
Questions: 5 | Attempts: 307 | Last updated: Mar 16, 2022
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Sample QuestionA market in which there are many buyers and many sellers so that each has a negligible impact on the market.
Test your knowledge of basic business concepts with questions on income, trade, competitive advantages, exchange rates, business types, and subsidies.
Questions: 7 | Attempts: 273 | Last updated: Feb 6, 2024
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Sample QuestionPer Capita Income is .......
Explore key economic concepts within business contexts, including organizational environments, economic systems, market fluctuations, and GDP measurements.
Questions: 16 | Attempts: 443 | Last updated: Mar 22, 2023
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Sample QuestionOrganizational boundaries is governed by the external environment (everything outside an organization's boundaries that might affect it) and the internal environment of that organization such as administration, industry and technological environment.
It’s time to get down to basics as we take a look at one of the more complex topics when it comes to business and finance; economics! It sounds easy on paper – it’s just the study of production, distribution,...
Questions: 7 | Attempts: 3867 | Last updated: Mar 22, 2023
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Sample QuestionIf the CPI in 2000 is 100 and the CPI in 2008 is 110, there has been:
Do you have basic knowledge of economics, and do you think you can pass this quiz? When it comes to economics, everyone should know that there are two kinds of economics: macroeconomics and microeconomics. A significant factor...
Questions: 10 | Attempts: 136 | Last updated: Mar 22, 2022
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Sample QuestionStudy of money and how people use their money.
Economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources. One of how we get to ensure that the company we set up ensures we understand the factors affecting the...
Questions: 9 | Attempts: 13877 | Last updated: Feb 22, 2024
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Sample QuestionThe phenomenon of scarcity stems from the fact that...
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