Economics Quizzes, Questions & Answers
Recent Quizzes
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: 271 | Last updated: Mar 22, 2023
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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: 654 | Last updated: Sep 3, 2024
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Sample QuestionWhen a given percent change in price generates a LARGER percent change in the quantity demanded:
Review of Chapters 12-17 in "Principles of Macroeconomics."
Questions: 20 | Attempts: 142 | Last updated: Aug 9, 2024
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Sample QuestionAfter the Great Depression of the 1930's and particularly since World War II until the 1970's, the ideas of the ____ school became conventional wisdom.
A review of Chapters 7-12 of "Principles of Macroeconomics."
Questions: 20 | Attempts: 167 | Last updated: Mar 21, 2023
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Sample QuestionSpending by consumers on consumption goods, spending by businesses on investment goods, spending by government and spending by foreigners on net exports make up
The Trade Finance Quiz is designed to test your knowledge of key concepts in international trade finance. This quiz covers important topics such as letters of credit, trade loans, payment methods, and trade documentation. You...
Questions: 10 | Attempts: 248 | Last updated: Jun 21, 2024
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Sample QuestionWhat is the primary purpose of a letter of credit in trade finance?
Questions: 43 | Attempts: 253 | Last updated: Mar 22, 2023
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Sample QuestionThe personal distribution of income refers to the
Play our online quiz on the basics of economics and test your knowledge about the most important concepts include the three types of wealth, what is described as a factor of production, the establishment of goods and services...
Questions: 10 | Attempts: 439 | Last updated: Mar 22, 2023
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Sample QuestionWhich of the following are referred to as a factor of production?
The study of economics is an important one, which looks at how we produce, distribute and consume goods and services for a variety of reasons. A lot of the world we live in relies on trade, whether it’s from country to...
Questions: 10 | Attempts: 4761 | Last updated: Mar 22, 2023
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Sample QuestionEconomics is an exact science.
this is a set of questions to review chapter 9,11, 14 for economics final exam
Questions: 30 | Attempts: 132 | Last updated: Jul 29, 2024
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Sample QuestionThe FED is responsible for all of the following EXCEPT
Everybody loves money, right? Whether you’re a business owner, a producer of various goods, someone who works a full-time retail job, or you happen to own land that you rent out for a profit, you already partake in the...
Questions: 5 | Attempts: 1861 | Last updated: Mar 22, 2023
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Sample QuestionWhat is the term used when your savings bank passbook has got a closing debit balance?
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