Economics Quizzes, Questions & Answers
Recent Quizzes
This is a quiz based off of some very standard economic basics
Questions: 76 | Attempts: 532 | Last updated: Jan 12, 2024
-
Sample QuestionWhat is Economics?
A refresher for the upcoming test for Economics
Questions: 40 | Attempts: 313 | Last updated: Mar 22, 2023
-
Sample QuestionEconomics is the study of the allocation of free goods.
The quiz below is based on chapter 14 from economics on Taxes and government spending. We know that the major way in which a government obtains revenue from its citizens is through taxation and this being said there are a set of...
Questions: 40 | Attempts: 845 | Last updated: Mar 21, 2023
-
Sample Question(of persons) freed from or not subject to an obligation or liability (as e.g. taxes) to which others or other things are subject
Questions: 10 | Attempts: 4014 | Last updated: Mar 21, 2023
-
Sample QuestionNational Income is otherwise called
In Economics, we believe that utility is the amount of satisfaction that a good or service brings. The quiz below tests and advances your knowledge on the different aspects of economics, which include price and utility.
Questions: 39 | Attempts: 153 | Last updated: Aug 16, 2024
-
Sample QuestionThe difference between the highest price a consumer is willing to pay for a good and the price the consumer actually pays is called
Economics Test for FISH Homeschool Group. Covers: How Economists Think, Division of Labor, Supply & Demand, Price Floors & Ceilings, and Elasticity.
Questions: 15 | Attempts: 259 | Last updated: Mar 21, 2023
-
Sample QuestionWhat "miracle" is involved in the making of pencils, according to Leonard E. Read?
Questions: 20 | Attempts: 264 | Last updated: Mar 21, 2023
-
Sample QuestionWho was the president of the United States during the Depression of 1893?
Economics is a study in which we get to identify how unlimited wants can be met when it comes to very limited resources. This means that people have to make choices on directions to take based on the returns they may garner. Take...
Questions: 21 | Attempts: 1331 | Last updated: Jul 24, 2024
-
Sample QuestionTrade between nations is known as......
You are able to use your notes for a maximum score of a C. Let me know as I go around if you are planning on using notes.
Questions: 29 | Attempts: 660 | Last updated: Mar 21, 2023
-
Sample QuestionEconomists believe that the fundamental economic problem is that we have limited quantities to meet unlimited wants and that is the reason we have to make choices. This is due to:
Questions: 10 | Attempts: 129 | Last updated: Apr 16, 2024
-
Sample QuestionWhat type of question is a pragmatic randomized controlled clinical trial intended to answer?
Advertisement