
Economics
Quiz
•
Education
•
9th Grade
•
Practice Problem
•
Medium
Simran Kalsi
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ definition was given by Lionel Robbins
Growth
Scarcity
Wealth
Welfare
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Micro and Macro Economics were terms coined by
Keynes's
Alfred Marshall
Ragar Frisch
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Examples of Microeconomics
National income
Household income
National output
Price of a commodity
Supply of a commodity
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
__________________ is a system which provides people with goods and services which directly or indirectly satisfy their wants.
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
The main Sectors of an Economy are
Households
Grocery Stores
Malls
Government
Foreign Sector
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Want is the __________________
satisfying power of a commodity
things that have value and satisfy human wants
the desire for a commodity and the effort to acquire it
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Types of Utility
Form
Demand
Food
Place
Time
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