MID TERM QUIZ_Introduction to Economic_1A (Int'l)

MID TERM QUIZ_Introduction to Economic_1A (Int'l)

University

30 Qs

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MID TERM QUIZ_Introduction to Economic_1A (Int'l)

MID TERM QUIZ_Introduction to Economic_1A (Int'l)

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Ayu Puspitasari

Used 5+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

1. What is economic?

a. The study of how business and government make decisions about ways to use scarce resources to fulfill wants and needs

b. The study of how business and government make a planning about ways to use scarce resources to fulfill wants and needs

c. The study of how individuals and societies make decisions about ways to use scarce resources to fulfill wants and needs.

d. The study of how individuals and societies make a planning about ways to use scarce resources to fulfill wants and needs.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The study of economics consists of….

a. Macroeconomic and microeconomic

b. Global economic and microeconomic

c. Macroeconomic and Enterprise

d. Macroeconomic and international economic

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What are resources?

a. The things used to solve the problems

b. The things used to make other goods

c. The things used to reach the goals

d. The things used to make other decisions

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is “needs”?

a. “stuff” we must have to make an identity

b. “stuff” we must have to make some choices

c. “stuff” we must have to group some customers

d. “stuff” we must have to survive

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is “wants”?

a. “stuff” we must have to make an identity

b. “stuff” we must have to make some choices

c. “stuff” we would really like to have

d. “stuff” we must have to survive

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The statements below are the economic sector, except:

a. Primary sector

b. Secondary sector

c. Complementary sector

d. Tertiary sector

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Primary sector also known as….

a. Primary industry

b. Extractive Industry

c. Complementary industry

d. Tertiary industry

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