Introduction-Statistics
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Other
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11th Grade
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Practice Problem
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Hard
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1.
FLASHCARD QUESTION
Front
Which of the following is NOT an economic activity?
- Production of books
- Investment in stocks
- Donation of blood
- Consumption of Ice creams
Back
Donation of blood
2.
FLASHCARD QUESTION
Front
Why is economics considered an art?
Back
It gives practical application of scientific principles.
3.
FLASHCARD QUESTION
Front
Activities undertaken to earn a living are known as
Back
Economic activities
4.
FLASHCARD QUESTION
Front
_______ is a person who buys goods and services for the satisfaction of his/her wants.
Back
Consumer
5.
FLASHCARD QUESTION
Front
Which economist is known as the "Father of modern economics"?
Back
Adam Smith
6.
FLASHCARD QUESTION
Front
Statistics in singular sense means
Back
Statistical procedure
7.
FLASHCARD QUESTION
Front
Distrust of statistics is due to
Back
Misuse of statistics
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