SocScie FC 2
Authored by Jenny Tacadino
Social Studies
Professional Development
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following could not lead to an increase in price combined with an increase in the quantity traded?
an increase in demand combined with unchanged supply
a decrease in demand combined with an increase in supply
an increase in demand combined with an increase in supply
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this system, there is a dominant centralized authority - usually the government that controls a significant portion of the economic structure.
traditional economic system
command economic system
market economic system
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who coined the terms microeconomics and macroeconomics?
ragnar frisch
adam smith
alfred marshall
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
With the three fundamental economic questions in mind, which does not belong?
how to produce?
what to produce?
where to produce?
for whom to produce?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The price that the maker or manufacturer of a product recommend for it to be sold.
suggested retail price
price ceiling
maximum price
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who was referred to as Amitraghata by the Greeks?
bindusara
ashoka
vipisara
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What were the pyramids of Egypt?
tombs
shrines
administrative center
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