Economy Quizzes, Questions & Answers

Recent Quizzes

Do you know about the economies of scale? You can take this quiz on economies of scale MCQ. Economies of scale are generally related to the cost advantages occurring to an enterprise or organization. Take this quiz to see how...

Questions: 10 | Attempts: 3040 | Last updated: Aug 24, 2023

Sample Question
'Economies of scale' is also known as

Benefiting scales.

Returns of scale

EOS

None of the above

Government And Economic Influences On Business Quiz

Government and Economic Influences on Business Quiz

Navigate the complex intersection of government policies and economic influences with our "Government and Economic Influences on Business Quiz." This quiz is tailored for business enthusiasts, students, and...

Questions: 8 | Attempts: 293 | Last updated: Dec 14, 2023

Sample Question
Define economic growth:

The increase in the average price level of goods and services over time

The value of income and falls when prices rise faster than money income

When a country's Gross Domestic Product increases – more goods and services are produced than in the previous year

Records the difference between a country's exports and imports

What Kind Of Economy Am I?

What kind of Economy am I?

Questions: 8 | Attempts: 443 | Last updated: Mar 21, 2023

Sample Question
The expression "supply and demand" reflects what kind of economy?

Command economy

Traditional economy

Market economy

Mixed economy

The US Economy: Private And Public Sectors Quiz

The US Economy: Private and Public Sectors Quiz

The private sector is part of a country's economic system that is run by individuals and companies. In a good business economy, the public sector should not suffocate private sectors. How well do you understand the public...

Questions: 30 | Attempts: 803 | Last updated: Mar 22, 2023

Sample Question
The personal distribution of income describes the manner in which society's total personal income is divided among wages and salaries, corporate profits, proprietors' income, interest, and rents.

True

False

The Ideal Quiz On The Economizing Problem

The ideal Quiz on The Economizing Problem

There are unlimited demands and not enough resources to meet these demands, is what leads to the economizing problem. Take this true and false review questions for McConnell and Brue 15th ed and see how much of the chapter...

Questions: 25 | Attempts: 578 | Last updated: Mar 18, 2023

Sample Question
The conflict between the scarce economic wants of society and its limited resources gives rise to the economizing problem.

True

False

The Ideal Quiz On Economy Ch 12 Review

The ideal Quiz on economy Ch 12 Review

There are different things that affect the economy, as we know it. One thing that exists in almost every economy is debt; it is used as a source of capital for different investments. Take this ideal review quiz on economy...

Questions: 22 | Attempts: 1323 | Last updated: Mar 19, 2023

Sample Question
The Council of Economic Advisers was established to give economic advice to Congress.

True

False

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