
Мікроекономіка
Authored by John Robinson
Social Studies
12th Grade

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25 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What term deals with the study of specific components within a major economy?
2.
DROPDOWN QUESTION
1 min • 1 pt
The study of the economic behavior of individual persons, families, and businesses is known as (a) .
microeconomics
macroeconomics
production possibilities curves
Ubernomics
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the primary focus of microeconomics?
Individual markets and consumers
National economic growth
Global trade policies
Government fiscal policies
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a concept studied in microeconomics?
Supply and demand
Inflation rates
National unemployment
Exchange rates
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In microeconomics, what does the term 'elasticity' refer to?
The responsiveness of quantity demanded or supplied to changes in price
The strength of economic growth
The stability of a currency
The rate of technological innovation
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a 'market equilibrium' in microeconomics?
A situation where supply equals demand
A period of economic recession
A state of constant inflation
A balance of trade surplus
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following best describes a 'perfect competition' market structure?
Many firms selling identical products
One firm dominating the market
A few firms controlling the market
Government-regulated pricing
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