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economics

Authored by Vikash Gupta

Social Studies

11th - 12th Grade

Used 9+ times

economics
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9 questions

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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

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