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QUIZ IN APPLIED ECONOMICS

Authored by Teacher Mae

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12th Grade

Used 5+ times

QUIZ IN APPLIED ECONOMICS
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7 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 3 pts

What are the 3 Economic Systems in Economics as an Applied Science.

HOW TO PRODUCE

FOR WHOM TO PRODUCE

WHAT TO PRODUCE

for what to produce

how to do it

2.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

It is the application of Statistical and Mathematical theories to economics.

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

They believe that "applied economics" have started 200 years ago in the writings of two economists

Jean-Baptiste say & john Stuart Mill

John Miller & Adam Smith

Milton Friedman & Alfred Marshall

Hannah Mae & Nor Faiza

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is the Quality of output must come first before the quantity

HOW TO PRODUCE

WHAT TO PRODUCE

FOR WHOM TO PRODUCE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of basic economic problem that goods and services must be based on the need of the consumers.

HOW TO PRODUCE

WHAT TO PRODUCE

FOR WHOM TO PRODUCE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Basic economic problem that has something to do with the distribution

HOW TO PRODUCE

WHAT TO PRODUCE

FOR WHOM TO PRODUCE

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

ITS THE MONEY THAT AN INDIVIDUAL EARNED FROM WORK OR BUSINESS RECEIVED FROM INVESTMENTS.

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