Economics Quizzes, Questions & Answers
Recent Quizzes
Questions: 10 | Attempts: 442 | Last updated: Mar 19, 2023
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Sample QuestionPrice floor is to protect the interests of:
Questions: 10 | Attempts: 90 | Last updated: Jun 11, 2023
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Sample QuestionWhat is IPO?
Questions: 20 | Attempts: 836 | Last updated: Mar 22, 2023
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Sample QuestionAll store category VBA can participate in MPL contest?
Principles of Macroeconomics
Questions: 10 | Attempts: 113 | Last updated: Mar 21, 2023
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Sample QuestionAn inflationary output gap occurs when
Economics is based on the power of demand and supply. It is a necessary arsenal for understanding market flows and movement. Various laws and theories are put into action, but their accuracy sure needed to verified. Econometrics...
Questions: 10 | Attempts: 540 | Last updated: Mar 21, 2023
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Sample QuestionWho coined the term "econometrics"?
Questions: 10 | Attempts: 110 | Last updated: Jan 16, 2023
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Sample QuestionThe high power money supplied by
Questions: 10 | Attempts: 951 | Last updated: Mar 22, 2023
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Sample QuestionOpportunity cost is not zero ______________
The Institute of Economic Affairs (IEA) is a privately funded non-profit organization that promotes free-market economics. Institute of Economic Affairs organization was found in the 1950s by Antony Fisher in Westminster,...
Questions: 10 | Attempts: 121 | Last updated: Mar 22, 2023
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Sample QuestionThe major economic ideaology promoted by the institute of economic affairs is?
Home economics education, domestic science or home science is a field of study that deals with the economics and management of the home, family and community. Try to solve this test from 1954!
Questions: 10 | Attempts: 950 | Last updated: Mar 20, 2023
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Sample QuestionWhat's the first thing you should do when you wake up in the morning, according to Home economics education?
As slavery grew in economic and political significance, imperial and colonial powers faced powerful, organized pressure to support and maintain slavery. This led to the different movements that advocated for the abolition of...
Questions: 10 | Attempts: 145 | Last updated: Mar 20, 2023
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Sample QuestionWho was supposed to benefit from the emancipation movement?
Trade by barter is a popular word used in marketing, It is the major medium of exchange of goods and services years back. Funny enough many don't know much about it. Do you think you know a lot about it? Why not test your...
Questions: 10 | Attempts: 531 | Last updated: Mar 22, 2023
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Sample QuestionWhich of the following is the general medium of exchange in the world today?
Questions: 30 | Attempts: 245 | Last updated: Mar 22, 2023
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Sample QuestionWhich of the following pairs is a substitute?
Economics is a branch of social sciences popularly studied in colleges. We all manage our resources. Do you know anything called scale of preference? There are lot of things about economics you might not know . Take this quiz to...
Questions: 10 | Attempts: 250 | Last updated: Mar 20, 2023
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Sample QuestionWhich of the following analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions?
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Is economics your favorite subject? Do you believe you have learned enough? Would you be willing to take this quiz? Economics can be used in many areas, from college sports to budgeting your income. In this quiz, you will be...
Questions: 20 | Attempts: 457 | Last updated: Mar 22, 2023
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Sample QuestionLet's get started with the basics: What is Economics?
This is a quick quiz to test your knowledge of breakeven
Questions: 5 | Attempts: 852 | Last updated: Mar 20, 2023
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Sample QuestionWhat is a business doing at the breakeven point?
How much do you know about health economics? A proper healthcare system ensures that the scarce resources in the system are efficiently used. A proper understanding of health economics can be helpful in many ways as one is able...
Questions: 40 | Attempts: 3376 | Last updated: Mar 21, 2023
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Sample Question"Worker salaries" are an example of:
Test Your Knowledge About Global Business And Economics! Business is the act of selling and buying goods and services, and in the world today, there are some businesses that have made an impact on the world economy. By taking...
Questions: 37 | Attempts: 151 | Last updated: Mar 21, 2023
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Sample QuestionSusan is the CEO of Grape Fizz, a global drinks-manufacturing company. She wishes to set up production facilities in other countries and has been advised to assess the political system of each country before she does so. Susan decides not to set up production facilities in Konesia because it's business laws are vague and are often interpreted according to the convenience of the government. Bribery is a common feature in conducting business deals there and a refusal to pay up is not an option. What kind of government does Konesia have?
Given the type of business or industry below, identify what kind of market structure it belongs to.
Questions: 10 | Attempts: 1008 | Last updated: Mar 22, 2023
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Sample QuestionAirlines in the United States:
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Questions: 30 | Attempts: 242 | Last updated: Mar 22, 2023
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Sample Question(Figure: Rent Controls) Examine the figure Rent Controls. If rent controls are imposed and the government wants them to be immediately effective, they will most likely be set at either _____ or _____.
By Umesh Kollimath
Questions: 20 | Attempts: 174 | Last updated: Mar 15, 2023
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Sample QuestionThe word economics derived from –
Questions: 52 | Attempts: 236 | Last updated: Apr 16, 2024
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Sample Question"Financial Analysis" uses fair market prices while "Economic Analysis" uses --
Questions: 50 | Attempts: 122 | Last updated: Jun 7, 2024
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Sample QuestionWhich is not considered a need?
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Questions: 5 | Attempts: 572 | Last updated: Mar 22, 2023
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Sample QuestionWhat is the amount of del-credere commission when credit sale is Rs.200000 & cash sale is Rs.150000, the amount of commission being 10%?
Questions: 13 | Attempts: 183 | Last updated: Mar 22, 2023
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Sample QuestionThe Idea of diminishing returns means that Real GDP _______ as the quantity of labor increases.
Questions: 42 | Attempts: 370 | Last updated: Mar 22, 2023
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Sample QuestionAn old friend takes you out to dinner, and pays for your meal. Which of the following best represents your opportunity costs?
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