Search Header Logo

Economics Quiz

Authored by Sophia Lovett

Other

10th Grade

Economics Quiz
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a simplified representation of reality used to provide insight into economic decisions and events?

Model

Diagram

Chart

Graph

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Latin phrase "Ceteris Paribus" mean in economics?

All things considered

Other things being equal

Everything changes

Nothing changes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the study of economic decisions taken by individual economic agents, including households and firms?

Macroeconomics

Microeconomics

Econometrics

Economic theory

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the study of the interrelationships between economic variables at an aggregate (economy-wide) level?

Microeconomics

Econometrics

Macroeconomics

Economic theory

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a statement about what is, i.e., about facts?

Normative statement

Positive statement

Hypothetical statement

Theoretical statement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What involves a value judgement about what ought to be?

Positive statement

Normative statement

Factual statement

Logical statement

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an opinion about the relative merits of two or more options based on morality rather than logical argument?

Value judgement

Economic decision

Logical reasoning

Moral argument

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?