Economics Quizzes & Trivia
Questions: 41 | Attempts: 323 | Last updated: Mar 21, 2022
Sample QuestionGDP is calculated including
STUDY UNIT 1:WHAT ECONOMICS IS ALL ABOUT
Questions: 5 | Attempts: 255 | Last updated: Mar 21, 2022
Sample QuestionSelect the incorrect statement with reference to economic theory.
Questions: 90 | Attempts: 990 | Last updated: Mar 22, 2022
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
Some people may have attained a degree in economics and think that they know a lot when it comes to economics. Are you one of those people that brag about their knowledge in economics? Take up what has come to be known as the...
Questions: 86 | Attempts: 691 | Last updated: Mar 21, 2022
Sample QuestionWhich of the following is a measure of economic growth that is most useful for measuring political preeminence?
Questions: 20 | Attempts: 80 | Last updated: Mar 21, 2022
Sample QuestionWhich of the following expresses Maslow’s Motivation Theory best ?
Questions: 68 | Attempts: 337 | Last updated: Mar 21, 2022
Sample QuestionFind the correct match :
Welcome to another awesome on-line quiz from EcoBizOnline.com. The purpose of this quiz is to check your understanding of Quantity Demanded and Demand. If you are unsure of a question, just give it your best shot :) Remember...
Questions: 6 | Attempts: 146 | Last updated: Mar 17, 2022
Sample QuestionQuantity Demanded: You must select three options.
Do you have an economics exam to pass? This quiz will give you a positive outcome. In economics, GDP stands for Gross Domestic Product, which is the best measure of a country’s economic performance. It represents the...
Questions: 20 | Attempts: 184 | Last updated: Mar 22, 2022
Sample QuestionIf Scott opens a business selling pies, he would be considered a(an):
You might have absolutely no idea what the social science of economics even covers, never mind how it is studied, analyzed and put into practice. That’s completely fine, however, as your presence here shows us that you have...
Questions: 8 | Attempts: 2068 | Last updated: Mar 22, 2022
Sample QuestionWhat does TINSTAAFL stand for?
Preparing for an economics exam? This quiz can be helpful to you. With this quiz, you must know what scarcity is, what is a want compared to a need, what is specialization, how does economic growth flourish, what exactly is...
Questions: 9 | Attempts: 2299 | Last updated: Mar 22, 2022
Sample QuestionWhat is Scarcity?
Quiz for slavin chapters 1-4. something to prepare me for my exam.
Questions: 43 | Attempts: 650 | Last updated: Mar 22, 2022
Sample QuestionWhy is savings good for the economy?
Choose the BEST answer. Read the explanation if there is.
Questions: 36 | Attempts: 459 | Last updated: Mar 22, 2022
Sample QuestionWhich of the choices is not a role of an economist as a scientist?
Choose the BEST answer. Time alloted is 30 min. There are explanations for some questions.
Questions: 26 | Attempts: 256 | Last updated: Mar 22, 2022
Sample QuestionWhat is the Greek word where the word "economy" comes from? This word means "one who manages a household."
In economics, vocabulary can be anything from tariff to literacy rate. An example of economics vocabulary includes resources. A resource is something of value to us that we can use to produce a good or service. Another example...
Questions: 13 | Attempts: 113 | Last updated: Mar 22, 2022
Sample QuestionA government tax on government import, export goods.
Curions to learn interesting concepts about Economics? Did you know you can benefit from taking this practice test on economics? This quiz may help you—economics studies show people, businesses, and governments make...
Questions: 28 | Attempts: 140 | Last updated: Mar 21, 2022
Sample QuestionWhat are the 3 Factors of Production?
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: 256 | Last updated: Mar 20, 2022
Sample QuestionOther things being equal, which of the following will increase current GDP in the United States?
Are you ready to test the basics with this quiz on economics? Do you think you would be able to pass? With this quiz, you must learn the tangible and intangible factors of production, which kind of economy has no government...
Questions: 10 | Attempts: 104 | Last updated: Dec 21, 2022
Sample QuestionWhich factors of production are TANGIBLE?
Questions: 5 | Attempts: 99 | Last updated: Mar 20, 2022
Sample QuestionCategorize the following questions on this quiz as affecting mostly Supply, Demand , or Both. Equilibrium Point..
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: 184 | Last updated: Mar 20, 2022
Sample QuestionThe amount of goods and services in the economy.
fundamentals of economics
Questions: 17 | Attempts: 177 | Last updated: Mar 20, 2022
Sample Questionmore supply and less demand _______ market equilibrium price
In the following quiz we’re going to take a look at the social science we know as economics, the study by which we are able to look at the production, distribution, and consumption of goods and services on a small...
Questions: 10 | Attempts: 1616 | Last updated: Mar 21, 2022
Sample Question_____________ is a something we need to survive.
Hey, do you think yourself an economics expert? If yes, then here's a challenge for you. Take this Economics practice test quiz and see if you can score more than 80% on it. Economics is a very interesting subject. It helps...
Questions: 20 | Attempts: 23970 | Last updated: Oct 14, 2022
Sample QuestionWhat is the financial gain made in transactions?
There are a lot of terms that are used regularly when it comes to economics and students are expected to know them by heart and use them when they go to practice in the different sectors, they will land in. Do you think you can...
Questions: 20 | Attempts: 1999 | Last updated: Mar 22, 2022
Sample QuestionA person that combines land, labor, and capital to start a business
Do you understand marginal costing well? Take this ultimate quiz on marginal costing, and see how well you understand the concept. The marginal cost actually is the change in the total cost that comes up when the quantity...
Questions: 20 | Attempts: 775 | Last updated: Sep 28, 2022
Sample QuestionExisting sales are Rs.1,00,000 (500 units), variable costs are Rs. 60000, fixed costs are Rs. 24000 . If the selling price is reduced by 10%which of the following is the break-even sales quantity
Economics Introduction Quiz
Questions: 8 | Attempts: 190 | Last updated: Mar 22, 2022
Sample QuestionWhat is Economics?