Economics Quizzes & Trivia
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Questions: 30 | Attempts: 213 | Last updated: Dec 1, 2020
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Sample QuestionGDP per capita is GDP divided by:
Questions: 25 | Attempts: 205 | Last updated: Nov 17, 2020
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Sample QuestionPeople or groups who combine resources to make goods or services are called:
Questions: 30 | Attempts: 205 | Last updated: Jan 18, 2021
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Sample Questiona consumer is maximizing her utility with a particular money income when:
Economics is an infinitely important subject in the world of business, as it looks at all of the actions whereby money is moved around in exchange for goods and servicing being produced, distributed and consumed. That’s...
Questions: 30 | Attempts: 204 | Last updated: Jan 11, 2021
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Sample QuestionWhat is the reserve multiplier if the required reserve ratio is 25%?
Economics is a wide area of study that cuts across different professions as it helps them to meet their goals. This being said, there are some fundamentals when it comes to Economics that someone is expected to have a proper...
Questions: 30 | Attempts: 204 | Last updated: Jun 4, 2019
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Sample QuestionOther things being equal, which of the following will increase current GDP in the United States?
Questions: 10 | Attempts: 197 | Last updated: Oct 29, 2020
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Sample QuestionWhat was to focus on demonetization?
Choose the BEST answer. Read the explanation if there is.
Questions: 36 | Attempts: 197 | Last updated: Jun 11, 2019
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Sample QuestionWhich of the choices is not a role of an economist as a scientist?
Are you an IB Economics? HL student and have just began your classes and now completed Section 1 on Introduction to Economics/ if so then you are in luck as the quiz below is exactly what you need to ensure that you have...
Questions: 11 | Attempts: 190 | Last updated: Jun 4, 2019
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Sample QuestionWhen a good is considered abundant, it is said to be a ...
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: 189 | Last updated: Jun 4, 2019
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Sample QuestionAll of the following are health determinants except one:
The social science of economy looks at how we analyze the production, distribution and subsequent consumption of goods and services, but things aren’t always on the uptick when it comes to money and business. In the...
Questions: 3 | Attempts: 189 | Last updated: Dec 16, 2020
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Sample QuestionA problem of choice arises because of
Health systems hold a lot of the information and need to be maintained and evaluated regularly. Do you think that you have what it takes to say that you understand health economics and can identify any factors that influence the...
Questions: 17 | Attempts: 177 | Last updated: Jun 4, 2019
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Sample QuestionAll of the fallowing are specific similarities between physicians and economists except :
What do you understand about the history of economics? This quiz will determine how much you know about this topic. The history of economics involves different thinkers that have theories about certain economic matters. It...
Questions: 8 | Attempts: 175 | Last updated: Nov 25, 2020
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Sample QuestionThe word economics comes from what Greek word?
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: 160 | Last updated: Oct 16, 2019
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Sample QuestionThe need to make choices arises because
In life, when you pass through what people consider to be a difficult situation, there is a little chance that most situations may be a challenge for you. The quiz below is one of the toughest economic exam quizzes that I have...
Questions: 50 | Attempts: 160 | Last updated: Jun 4, 2019
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Sample QuestionWhen a given percent change in price generates a LARGER percent change in the quantity demanded:
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Questions: 43 | Attempts: 151 | Last updated: Nov 3, 2020
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Sample QuestionWhen firms have the ability to restrict output, raise prices, stifle competition, and inhibit innovation the market failure involved is:
There are some sets of rules governing a lot of things in our lives, and when it comes to different disciplines, some of these laws help us to understand some concepts. The quiz below is part 2 of a series of tests that are...
Questions: 30 | Attempts: 133 | Last updated: Jun 4, 2019
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Sample QuestionResource pricing is important because:
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Questions: 18 | Attempts: 133 | Last updated: Jan 3, 2013
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Sample QuestionIf the price of a hotel room increases from $70 to $85 and the number of rooms booked decreases from 200 to 150, what would the price elasticity of demand equal? (absolute value)
Questions: 14 | Attempts: 129 | Last updated: Apr 29, 2020
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Sample QuestionBasic things to survive, such as food, clothing and shelter, are considered to be
Questions: 15 | Attempts: 117 | Last updated: Apr 30, 2020
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Sample QuestionWhere was the 2011 G-20 Summit held?
Questions: 9 | Attempts: 111 | Last updated: Oct 8, 2020
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Sample QuestionWhat would be the development goal of a person who depends only on rain for growing crops?
Questions: 30 | Attempts: 111 | Last updated: Apr 30, 2020
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Sample QuestionWhich of the following pairs is a substitute?
This is an economics trivia that gives the learner an opportunity to review what they learned in chapter 6 this past classes. Understanding economics gives someone the opportunity to understand some trends that occur in the...
Questions: 15 | Attempts: 110 | Last updated: Aug 19, 2019
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Sample QuestionThe regional multiplier is:
Questions: 14 | Attempts: 103 | Last updated: Apr 30, 2020
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Sample QuestionWhat was the federal minimum wage in the U.S. in 1982?
The economics paper two is one that students have come to fear more as they have the idea that it is harder than the first. To help you be calmer and get rid of the pre exam jitters making their way to you, we have...
Questions: 10 | Attempts: 103 | Last updated: Aug 1, 2018
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Sample QuestionYou have 60 minutes to write your paper 2. How do you use your time?
Take this exciting Economics quiz and have some fun!
Questions: 15 | Attempts: 101 | Last updated: Mar 18, 2015
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Sample QuestionWhich of the following types of bonds are sometimes "triple tax free"?
