Economics Quizzes & Trivia
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The end of year finals is just around the corner, and it is quite important for you to ensure that you have a proper understanding on all the things that we have covered both in geography and history class. Do you think that you...
Questions: 10 | Attempts: 388 | Last updated: Jun 4, 2019
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Sample QuestionA person who uses tools like maps, direction, latitude and longitude is called a _________.
Questions: 20 | Attempts: 383 | Last updated: Nov 6, 2020
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Sample QuestionLet's get started with the basics: What is Economics?
Questions: 42 | Attempts: 363 | Last updated: Oct 12, 2020
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Sample QuestionPublic choice refers to:
Given the type of business or industry below, identify what kind of market structure it belongs to.
Questions: 10 | Attempts: 354 | Last updated: Sep 30, 2020
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Sample QuestionAirlines in the United States:
Some people want to seek a career in economics but do know much, especially when it comes to the basics of this study. This is an online interactive quiz in Economics meant to test your knowledge in Economics as well as give you...
Questions: 11 | Attempts: 336 | Last updated: Jun 4, 2019
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Sample Question1. Which of the following decisions must be made by all economies?
It doesn’t matter what topic you’re dealing with, whether it’s something you have a great interest in or something you find boring but thinks will come in handy, everybody starts in the same place when they take...
Questions: 8 | Attempts: 334 | Last updated: Dec 16, 2020
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Sample QuestionScarcity implies that the allocation scheme chosen by society can:
Different countries have a different organization when it comes to governments, policies which affect their economic state both present and past. How knowledgeable are you when it comes to identifying the economics of different...
Questions: 16 | Attempts: 304 | Last updated: Jun 4, 2019
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Sample QuestionEconomics can best be defined as which of the following?
Do you consider yourself to be undoubtedly smart when it comes to economics? If you said yes, then you should not have any worries when it comes to tackling the hardest economics trivia challenge created by man. Why don’t...
Questions: 26 | Attempts: 298 | Last updated: Jun 4, 2019
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Sample QuestionJapan is a socialist country.
Questions: 15 | Attempts: 295 | Last updated: Sep 1, 2020
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Sample Question__________ are things we do not need to survive like Xbox or TV.
Questions: 15 | Attempts: 285 | Last updated: Dec 16, 2020
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Sample QuestionWhat U.S. President legalized the home brewing of beer by signing an act of Congress in 1979?
Economics is a tough topic to learn about when you’re starting off, but when you begin to appreciate how we analyze the production, distribution, and consumption of goods and services, whether it’s on a wide or narrow...
Questions: 100 | Attempts: 265 | Last updated: Dec 16, 2020
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Sample QuestionPerfect competition is defined as market structure in which:
Let’s face it. There is a small number of us that hear about having an exam and feel extremely confident about it and don’t get cold feet. The quiz below is specially designed for anyone taking the IB Economics HL...
Questions: 10 | Attempts: 257 | Last updated: Jun 4, 2019
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Sample QuestionYou have 2 hours to write your paper 3, which is basically three essay questions. How do you use your time?
Questions: 90 | Attempts: 255 | Last updated: Sep 17, 2020
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Sample QuestionIn the table below what will be equilibrium market price? Price Demand(tonnes per annum) Supply(tonnes per annum) 1 1000 400 2 900 500 3 800 600 4 700 700 5 600 800 6 500 900 7 400 1000 8 300 1100
Questions: 25 | Attempts: 250 | Last updated: Apr 30, 2020
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Sample QuestionEconomics is related to all of these except:
One of the best ways in which you can ensure you have a good understanding of something is by testing yourself regularly. Below is a quiz about chapter one from your economics class, and it is designed to test out how much you...
Questions: 10 | Attempts: 250 | Last updated: Jun 4, 2019
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Sample QuestionThe study of how people manage their limited resources to satisfy their wants and needs
Ethics and Economics go hand in hand, and this is because for one to be able to achieve the goals in economics, they will also be expected to be ethical. There are different ethical preconditions in the economy that we got to...
Questions: 48 | Attempts: 250 | Last updated: Jul 30, 2019
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Sample QuestionA good work ethic
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: 242 | Last updated: Jun 4, 2019
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Sample QuestionAll of the following where reasons for the Great Depression of 1929 except _________?
Below is a trivia questions quiz on Home Economics Terms and Vocabulary Test! There are a lot of things that sound or are seen as homey and the quiz below is perfect for testing pout just how much you know about home economics....
Questions: 30 | Attempts: 239 | Last updated: Nov 13, 2019
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Sample QuestionFeelings such as happiness, fear, or love is called
We are already eight chapters deep into our ongoing studies in the social science of economics, the topic which deals primarily with how we look at the production, distribution, and consumption of goods and services, and how we...
Questions: 9 | Attempts: 237 | Last updated: Dec 16, 2020
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Sample QuestionThe existence of the federal income tax and the welfare system serve as the primary elements of
In layman’s terms, the social science of economics involves the study of money, goods, and services – or rather how we can keep the wheels turning and continue to have people producing, distributing and consuming...
Questions: 10 | Attempts: 231 | Last updated: Dec 16, 2020
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Sample QuestionThe consumption function of an economy with no government sector and no foreign trade is C = W120 + 0.6Y. (C = aggregate consumption and Y national income). If investment expenditure is autonomous and equal to W 280, what is the equilibrium level of INCOME ?
Questions: 13 | Attempts: 229 | Last updated: Dec 30, 2020
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Sample QuestionEconomics is the study of:
Are you undertaking microeconomics in school and think that you are well on your way to passing that economics test that is coming up? To help you better prepare for it, I have prepared a quick trivia that is designed to help you...
Questions: 30 | Attempts: 228 | Last updated: Jun 4, 2019
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Sample QuestionWhich of the following is correct?
Chapter one seemed to go well enough for you, but as we continue to delve deeper into our ongoing studies of economics, you’ll see things start to get a little more complex. Keep at it, however, as this social science will...
Questions: 10 | Attempts: 226 | Last updated: Dec 16, 2020
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Sample QuestionThe supply and demand model examines how prices and quantities are determined:
Questions: 20 | Attempts: 222 | Last updated: Nov 12, 2020
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Sample QuestionWho was the president of the United States during the Depression of 1893?
Questions: 10 | Attempts: 216 | Last updated: Jan 18, 2021
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Sample QuestionWhich of the following are referred to as a factor of production?