Econ

Econ

University

63 Qs

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63 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is economics?

Is the study of how people make decisions based on forecasts that always fulfill our needs and decrease our money

Is the study of how individuals, firms and societies choose to use their scarce resources, in order to improve their benefits, well-being, welfare or happiness

Is about how societies struggle to achieve the economic happinness due to governments.

Is the science that studies how societies interact in the commercial way in order to create a constant movement of money and avoiding inflation

2.

OPEN ENDED QUESTION

3 mins • 1 pt

Name the economic agents

Evaluate responses using AI:

OFF

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Knowledge, income, properties, time and health are .... of individual hoseholds

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the decisions individual households make

What to produce, how to, how much, the price of each product, finance, investment.

Education, health, national security, infrastructure, social welfare, etc.

What to buy, where to work, what to study

How to spend time and money

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is essential for a firm to take in account when making a decision

Evaluate responses using AI:

OFF

6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the factors of production in a firm ?

Evaluate responses using AI:

OFF

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Scarce resources of governments

NON OF THE BELOW

Tax revenues, natural resources an human resources

  • Knowledge, income, properties, time, health

Labor, capital, land and entrepreneurship

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