Economics Quizzes, Questions & Answers
Recent Quizzes
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: 2499 | Last updated: Mar 22, 2023
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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: 2346 | Last updated: Mar 22, 2023
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Sample QuestionWhat is Scarcity?
Quiz for slavin chapters 1-4. something to prepare me for my exam.
Questions: 43 | Attempts: 777 | Last updated: Mar 22, 2023
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Sample QuestionWhy is savings good for the economy?
Choose the BEST answer. Read the explanation if there is.
Questions: 36 | Attempts: 477 | Last updated: Sep 10, 2024
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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: 299 | Last updated: Mar 22, 2023
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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: 389 | Last updated: Mar 22, 2023
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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: 143 | Last updated: Mar 21, 2023
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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: 261 | Last updated: Mar 20, 2023
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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: 264 | Last updated: Aug 31, 2023
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Sample QuestionWhich factors of production are TANGIBLE?
Questions: 5 | Attempts: 130 | Last updated: Feb 14, 2024
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Sample QuestionCategorize the following questions on this quiz as affecting mostly Supply, Demand , or Both. Equilibrium Point..
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