ECONOMICS

ECONOMICS

9th Grade

8 Qs

quiz-placeholder

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ECONOMICS

ECONOMICS

Assessment

Quiz

Other, Business

9th Grade

Practice Problem

Easy

Created by

drinal coutinho

Used 1+ times

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8 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Examples of Microeconomics

Price determination of a commodity or service

Household income

National Income

output of a firm

Aggregate supply of goods and services

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

All those activities which are concerned with money and wealth are called

non- economic activities

economic activities

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

_________ is concerned with the determination of relative prices of goods

Micro economics

Macro economics

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

There is high degree of aggregation in ______

Macroeconomics

microeconomics

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

__________ activities refers to those activities which have no economic aspect or are not concerned with money or wealth

Non-economic

Economic

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

It deals with those economic activities which are concerned with an addition to the utility and value of goods and services.

Production

Distribution

Exchange

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

It consists of the economic activity which is concerned with the sale and purchase of a good and service.

consumption

Exchange

8.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

_______ includes the economic activities which are related with the use of goods and services for satisfaction of want directly.

Consumption

production

distribution