ALTERNATIVE LEARNING SYSTEM (ALS) Applied Economics for Grade 11 Third Quarter Examination
Authored by Evanessa Garalde
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11th Grade
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50 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
1. Which of the following explains how a particular social group or socioeconomic class behaves within a society, including their actions as consumers?
Social Science
Applied Science
Microeconomics
Macroeconomics
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
2. Which of the following is the application of economic theory to determine the likely outcomes associated with various possible courses of action in the real world?
2. Which of the following is the application of economic theory to determine the likely outcomes associated with various possible courses of action in the real world?
A. Social Science
B. Applied Science
C. Microeconomics
D. Macroeconomics
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
3. Which of the following studies the behavior of individual market participants such as consumers, producers, and resource owners, as well as corporations?
3. Which of the following studies the behavior of individual market participants such as consumers, producers, and resource owners, as well as corporations?
A. Social Science
B. Applied Science
C. Microeconomics
D. Macroeconomics
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
4. What is a branch of economics that studies the whole economy and the issues that affect it?
4. What is a branch of economics that studies the whole economy and the issues that affect it?
A. Social Science
B. Applied Science
C. Microeconomics
D. Macroeconomics
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
For numbers 5-9 Evaluate the following situations and choose if the situation considers economics as Social Science or Applied Science.
5. Economics students analyze how to maximize the use of available resources to overcome scarcity.
A. Social Science
B. Applied Science
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
6. People have no freedom of choice in arriving at decisions on what to buy.
A. Social Science
B. Applied Science
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
7. Motorists complain of high gasoline prices.
A. Social Science
B. Applied Science
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