Economics Quiz

Governments spend part of their……..…. on particular goods and services such as tanks, schools, and public safety.

• money

• expenditure

• tax

• revenue

The commercial banks and financial institutions act as …………. among savers, businesses and governments.

• an intermediary

• a producer

• a depositor

• an interpreter

……………. is a social science concerning behavior in the fields of production, consumption, distribution and exchange.

• economy

• economics

• economic

• economical

People's income, expectations and tastes are called …………..

• demand

• shift factors of demand

• shift factors of supply

• demand curve

Of the causes of inflations, ……………. is among the most important.

• excessive government spending

• pay rise remand

• tax policy

• consumers' expectation.

An account is a financial record, which contains information about a group of similar …………….

• reports

• statements

• transactions

• formulas

I sent in my covering letter of………….and they phoned me the next day.

• application

• applicant

• position

• job

He proposed they should………..their business into exporting.

• expand

• omit

• spend

• prolong

I have no …………. of resigning. It is up to them to dismiss me if they are not satisfied.

• attention

• evaluation

• intention

• production

The people who put their money in the bank to earn interest are called …………….

• lenders

• borrowers

• savers

• creditors