Economics Quizzes, Questions & Answers
Recent Quizzes
Questions: 19 | Attempts: 124 | Last updated: Mar 20, 2023
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Sample Question1. Each of the following items would appear as assets on the central bank's balance sheet, except:
Final april 30, 2012 at 8:00 am
Questions: 15 | Attempts: 227 | Last updated: Mar 21, 2023
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Sample QuestionAgricultural Products can be modeled best using the model of
Chapter one seemed to go well enough for you, but as we continue to delve deeper into our ongoing studies of economics, you’ll see things start to get a little more complex. Keep at it, however, as this social science will...
Questions: 10 | Attempts: 405 | Last updated: Mar 21, 2023
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Sample QuestionThe supply and demand model examines how prices and quantities are determined:
It doesn’t matter what topic you’re dealing with, whether it’s something you have a great interest in or something you find boring but thinks will come in handy, everybody starts in the same place when they take...
Questions: 8 | Attempts: 576 | Last updated: Nov 17, 2023
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Sample QuestionScarcity implies that the allocation scheme chosen by society can:
Can you pass the most challenging exam on economics? For this quiz, you should recognize what public choice refers to, what is a public choice theorist, what tends to happen with the left side in politics, and would a person take...
Questions: 42 | Attempts: 458 | Last updated: Mar 22, 2023
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Sample QuestionPublic choice refers to:
Are you ready to test your financial knowledge and enhance your understanding of essential finance concepts? Dive into our Financial Understanding Quiz, designed for students, professionals, and anyone eager to improve their...
Questions: 10 | Attempts: 76 | Last updated: Jun 17, 2024
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Sample QuestionWhat is the primary purpose of a budget?
Questions: 20 | Attempts: 142 | Last updated: Aug 8, 2024
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Sample QuestionBased on the diagram above, i) under conditions of no-trade, the domestic monopolist will produce and sell __ at a price of __ and ii) if the world price is $15, the domestic monopolist will produce__ and the country will import__.
This test will be made up of concepts such as:
-immigration
-refugee
-the Immigration and Refugee Act
-Immigration Law
-Immigration Policy
-Provincial Nomination Program
-Mixed and Market Economies
-Labour...
Questions: 20 | Attempts: 672 | Last updated: Aug 29, 2024
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Sample QuestionDefine "Labour Force":
An economy is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. In general, it is defined 'as a social domain that emphasize the practices, discourses, and...
Questions: 30 | Attempts: 474 | Last updated: Mar 22, 2023
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Sample Questiona consumer is maximizing her utility with a particular money income when:
Stay schemin
Questions: 41 | Attempts: 431 | Last updated: Mar 21, 2023
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Sample QuestionGDP is calculated including
STUDY UNIT 1:WHAT ECONOMICS IS ALL ABOUT
Questions: 5 | Attempts: 270 | Last updated: Mar 21, 2023
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Sample QuestionSelect the incorrect statement with reference to economic theory.
Questions: 90 | Attempts: 1117 | Last updated: Mar 22, 2023
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Sample QuestionIn the table below what will be equilibrium market price? Price Demand(tonnes per annum) Supply(tonnes per annum) 1 1000 400 2 900 500 3 800 600 4 700 700 5 600 800 6 500 900 7 400 1000 8 300 1100
Some people may have attained a degree in economics and think that they know a lot when it comes to economics. Are you one of those people that brag about their knowledge in economics? Take up what has come to be known as the...
Questions: 86 | Attempts: 703 | Last updated: Aug 27, 2024
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Sample QuestionWhich of the following is a measure of economic growth that is most useful for measuring political preeminence?
Questions: 68 | Attempts: 413 | Last updated: Mar 21, 2023
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Sample QuestionFind the correct match :
Welcome to another awesome on-line quiz from EcoBizOnline.com.
The purpose of this quiz is to check your understanding of Quantity Demanded and Demand.
If you are unsure of a question, just give it your best shot :)
Remember...
Questions: 6 | Attempts: 164 | Last updated: Mar 17, 2023
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Sample QuestionQuantity Demanded: You must select three options.
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: 2457 | 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: 775 | 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: 297 | 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: 321 | 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: 260 | 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: 215 | Last updated: Aug 31, 2023
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Sample QuestionWhich factors of production are TANGIBLE?
Questions: 5 | Attempts: 129 | 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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