Economics Quizzes & Trivia
Questions: 7 | Attempts: 83 | Last updated: Feb 13, 2013
Sample QuestionAt "replacement-level fertility," the average couple has only enough children to replace itself, or about two children. Which developed countries have above replacement-level fertility?
Questions: 20 | Attempts: 81 | Last updated: Feb 24, 2012
Sample QuestionIf Scott opens a business selling pies, he would be considered a(an):
Just a review for me for my final tomorrow
Questions: 60 | Attempts: 80 | Last updated: Jan 3, 2013
Sample QuestionMichelle and Patrick plan on completing a painting project at home. However, their skills are not equal. Michelle can paint one wall in 20 minutes and she can 'cut-in' or edge one wall in 10 minutes. Patrick can paint one wall in 60 minutes and he can edge one wall in 20 minutes. Which person has the comparative advantage in each task?
Questions: 48 | Attempts: 78 | Last updated: Jan 21, 2013
Sample QuestionIn which type of industries is the location of the firm the most important?
This short quiz serves as a test if you really understand the topic cause the answers in each question will be found in this chapter.
Questions: 4 | Attempts: 78 | Last updated: Dec 13, 2012
Sample QuestionWhat is the social science that studies the production, distribution, and consumption of goods and services?
Questions: 25 | Attempts: 77 | Last updated: Nov 20, 2017
Sample QuestionEnforces all federal laws includiny consumer protection .
Quiz for slavin chapters 1-4. something to prepare me for my exam.
Questions: 43 | Attempts: 77 | Last updated: Feb 8, 2012
Sample QuestionWhy is savings good for the economy?
Choose the BEST answer. Time alloted is 30 min. There are explanations for some questions.
Questions: 26 | Attempts: 76 | Last updated: Feb 11, 2013
Sample QuestionWhat is the Greek word where the word "economy" comes from? This word means "one who manages a household."
Questions: 71 | Attempts: 75 | Last updated: Dec 19, 2014
Sample QuestionWhat is Economics?
Given the type of business or industry below, identify what kind of market structure it belongs to.
Questions: 10 | Attempts: 74 | Last updated: Dec 1, 2016
Sample QuestionAirlines in the United States
Questions: 10 | Attempts: 74 | Last updated: Jan 30, 2013
Sample QuestionWhich factors of production are TANGIBLE?
A short quiz on selected topics.
Questions: 10 | Attempts: 73 | Last updated: Feb 18, 2013
Sample QuestionA business, in the long run, must have ______________to avoid shutdown.
Choose the best term to match the definition. This is for practice only. Results are not graded. You may take this quiz as often as you wish.
Questions: 20 | Attempts: 72 | Last updated: Jan 30, 2013
Sample QuestionThe amount of goods and services in the economy.
Economics Introduction Quiz
Questions: 8 | Attempts: 72 | Last updated: Jan 14, 2019
Sample QuestionWhat is Economics?
IB Economics HL. Definitions QUIZ. Section 5. Development economics.
Questions: 18 | Attempts: 69 | Last updated: Jan 24, 2013
Sample QuestionThe Human Development Index (HDI) is a composite index for measuring economic development. It brings together three variables, thus not one of the following. Which one?
Questions: 225 | Attempts: 65 | Last updated: May 14, 2018
Sample QuestionScarcity is
Questions: 35 | Attempts: 63 | Last updated: Apr 12, 2013
Sample QuestionWhich of these situations describes scarcity?
Please enter your full name and email address before beginning quiz. Begin the quiz by clicking on the "Start" box or the black box below your name and email information. Submit your answers and move to the...
Questions: 20 | Attempts: 63 | Last updated: Jan 23, 2013
Sample QuestionHow is growth in the economy measured?
This quiz covers the many ways people send money,earn money and who spends money to buy and make goods. It is also about services. This is what makes the world go around.
Questions: 11 | Attempts: 63 | Last updated: Dec 12, 2012
Sample QuestionStudy of money and how people use their money.
Questions: 18 | Attempts: 62 | Last updated: May 14, 2012
Sample QuestionWhen exports exceed imports, all of the following are true except:
Questions: 43 | Attempts: 61 | Last updated: Dec 26, 2018
Sample QuestionWhen firms have the ability to restrict output, raise prices, stifle competition, and inhibit innovation the market failure involved is:
As an economist, you must have a good understanding of some microeconomics and macroeconomics concepts. Studying economics offers one an idea of how economic phenomena occur; how economic performance might improve and the factors...
Questions: 10 | Attempts: 60 | Last updated: Aug 7, 2019
Sample QuestionMitch has $100 to spend and wants to buy either a new amplifier for his guitar or a new mp3 player to listen to music while working out. Both the amplifier and the mp3 player cost $100, so he can only buy one. This illustrates the basic concept that
Questions: 20 | Attempts: 60 | Last updated: Dec 7, 2017
Sample QuestionBased on the diagram above, i) under conditions of no-trade, the domestic monopolist will produce and sell __ at a price of __ and ii) if the world price is $15, the domestic monopolist will produce__ and the country will import__.
Fun quiz of economics. makes us love learning about economics. so much fun.
Questions: 12 | Attempts: 58 | Last updated: Jul 30, 2011
Sample QuestionChoose the matching definitions to the 4 characters of monopoly A) Single Seller B) Price Taker C) No Close Substitution D) Blocked Entry
Questions: 7 | Attempts: 57 | Last updated: Mar 31, 2016
Sample QuestionResources are…