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Economics Exam (Ch. 16)

Authored by Justin English

Religious Studies

11th Grade

Used 4+ times

Economics Exam (Ch. 16)
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41 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The branch of economics that studies how households and firms buy, sell, and allocate resources.

Microeconomics

Free market economy

Capital

Economic competition

Decentered Self

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The branch of economics that studies how large economies function as a whole.

Macroeconomics

Economic competition

Capital

Decentered Self

Free market economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

An economy in which economic decisions are freely made by households and firms.

Decentered Self

Capital

Jizyah

Free market economy

Economic competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Goods used to produce other goods and services.

Jizyah

Free market economy

Decentered Self

Capital

Economic competition

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The belief that human beings are social constructs and not unified rational individuals with an objective human nature.

Free market economy

Decentered Self

Jizyah

Capital

Economic competition

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

From the Arabic word translated as "nation," the collective community of Muslims around the world.

Decentered Self

Capital

Free market economy

Ummah

Economic competition

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The third pillar of Islam, the donation of 2.5 percent of a Muslim's annual income.

Zakat

Capital

Free market economy

Decentered Self

Economic competition

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