Economics Review Mid

Economics Review Mid

University

85 Qs

quiz-placeholder

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Economics Review Mid

Economics Review Mid

Assessment

Quiz

World Languages

University

Practice Problem

Medium

Created by

Rommel Abayon

Used 7+ times

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85 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The word economic's comes from two Greek words, "Eco" meaning _____ and "Nomos" meaning _____

Home/Account

House/Account

System/Home

Want/Need

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic ______ means an inprovement in the quality of life and living standards

Growth

Prosper

Development

Increase

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are 3 basic economic questions?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Demand function (Equation)

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5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Between buyers and sellers so that preferences can be indicated and goods and services offered for sale.

Means of "Communication"

Mode of "Communication"

Medium of "Communication"

Meaning of "Communication"

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic ____ means an increase in real national income / national output

growth

development

efficiency

freedom

7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the 4 Economic systems?

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