
economics
Authored by Vikash Gupta
Social Studies
11th - 12th Grade
Used 9+ times

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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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