ECONOMICS QUIZ
Quiz
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Others
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12th Grade
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Practice Problem
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Medium
Manu Vamshi
Used 3+ times
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40 questions
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1.
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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.
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1 min • 20 pts
In reality all economics are____
5.
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1 min • 20 pts
Normative Economics is studies_____
6.
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1 min • 20 pts
Microeconomics is also known as____theory
7.
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1 min • 20 pts
Positive economics can be verified with the_____ data
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