economics

economics

11th - 12th Grade

9 Qs

quiz-placeholder

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Assessment

Quiz

Social Studies

11th - 12th Grade

Medium

Created by

Vikash Gupta

Used 9+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a flow?

Capital

Income

Investment

Depreciation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a closed economy,___________ is not included.

Household

Firms

Government

Foreign sector

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a phase of circular flow of income?

Generation Phase

Distribution phase

Disposition phase

All of these

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Study of general price level is subject matter of:

Microeconomics

Macroeconomics

Both (a) and (b)

None of these

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic agents include:

Government

Consumers

Producers

all of these

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Final goods refer to those goods which are used either for:

Consumption, investment

Consumption, Resale

Resale, Investment

Resale,further production

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Macroeconomics is concerned with:

the level of output of goods and services in the economy

the general level of prices

GDP growth

all of these

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sugar purchased by a Sweet shop is an ___________good, it is a ________good when it is purchased by a consumer.

Capital, final

final, intermediate

intermediate, final

final, producer

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are covered under the domestic territory of India?

state bank of India in London

Office of Tata Motors in Australia

Google office in India

Russian Embassy in india