ECONOMICS QUIZ

ECONOMICS QUIZ

12th Grade

40 Qs

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ECONOMICS QUIZ

ECONOMICS QUIZ

Assessment

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12th Grade

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Created by

Manu Vamshi

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40 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 20 pts

Scarcity of resource gives rise to______

2.

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1 min • 20 pts

In a central planted economy all important decisions are made by_______

3.

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1 min • 20 pts

______is a set of arrangement where economic agent can freely exchange their endowment are products which each other

4.

FILL IN THE BLANK QUESTION

1 min • 20 pts

In reality all economics are____

5.

FILL IN THE BLANK QUESTION

1 min • 20 pts

Normative Economics is studies_____

6.

FILL IN THE BLANK QUESTION

1 min • 20 pts

Microeconomics is also known as____theory

7.

FILL IN THE BLANK QUESTION

1 min • 20 pts

Positive economics can be verified with the_____ data

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