Introduction to Economics

Introduction to Economics

Professional Development

10 Qs

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Introduction to Economics

Introduction to Economics

Assessment

Quiz

Social Studies

Professional Development

Practice Problem

Medium

Created by

Preethi J

Used 129+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Micro Economics word is derived from Greek word "Mikros"

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do you mean by the supply of goods?

Stock available for sale

Total stock in the warehouse

The actual production of the good

Quantity of the good offered for sale at a particular price per unit of time

3.

MULTIPLE SELECT QUESTION

45 sec • Ungraded

Which statement does not relate to the role of Economist?

Attempting explain the causes of economic phenomena

Forecasting the effects of change in government policy

Measuring the changes in general Price level

Identifying ways to make society fair

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Adam Smith is a .............Economics.

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Welfare definition given by......?

Adam Smith

Alfred Marshall

Lionel Robbins

6.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

According to you which dimension of Economics has more Practicality?

Wealth approach

Welfare approach

Scarcity approach

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

Interpret the Economic System

Socialistic Economy

Mixed Economy

Capitalistic Economy

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