Economics Quizzes, Questions & Answers
Recent Quizzes
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: 3382 | 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: 1013 | 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: 244 | 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: 589 | 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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