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Economics

Authored by Siposetu ndiki

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University

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Economics
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that the government collects from individuals and businesses to pay for public goods and services

Rand

Tax

dollar

serving

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what do we call someone who took a risk and start a business?

manager

entrepreneurship

entrepreneur

enterprise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four types of economic activities?

primary, secondary and locus

primary, secondary and temptation

primary, secondary and tertiary

none of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the remuneration of an entrepreneur?

profit

wage

salary

rent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Another name for natural resources

land

unnatural resources

water

air

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one of these is not a characteristic of entrepreneur?

organized

good looking

creative

risk taker

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of factors of production falls under_

economic pursuit

contemporary economic

microeconomics

macroeconomics

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