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ECONOMICS

Authored by yna azmi

Social Studies

University

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ECONOMICS
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14 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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The core problem in economics study is

Money

Scarcity

Production

Allocation

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following statement is about microeconomics?

The growth increased by 5.0 percent last year

Inflation is about to increased 3.6 percent this year

The factors of production is limited resources

The general price level increased by 4 percent last year

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

“In order to save cost, the “Food Industry” should use more labor than machines.”This statement refers to

What to produce?

How to produce?

How many to produce?

None of the above

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Capitalism is an economic system where individuals take all the

main economic decisions.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

My full name is

Azilina Azmi

Norazlina Azmi

Azlina Azmi

Nurazilina Azmi

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Below are the concept in economic problems EXCEPT:

Choices

Externalities

Opportunity Cost

Scarcity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one drama/movie below related with Central Planned Economy?

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