Konsep Dasar Ilmu Ekonomi

What is the fundamental focus of the science of economics?

• Managing personal emotions

• Making the best decisions from various available choices

• Predicting future technological advancements

• Studying historical events and cultures

What is the primary reason humans cannot fulfill all their desires?

• Lack of imagination

• Limited resources such as money, energy, and time

• Societal restrictions and rules

• Personal preferences and changing tastes

When making financial decisions, what approach does economics suggest for accuracy?

• Relying on personal feelings and intuition

• Consulting with friends and family for advice

• Using numbers, data, and objective analysis

• Following popular trends and advertisements

Before the introduction of coins, what was commonly used as a medium of exchange in ancient Babylonia?

• Bartered goods like grain and livestock

• Written guarantee letters from temples

• Lumps of silver that were weighed

• Gold nuggets and precious stones

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What significant change did Alexander the Great introduce regarding currency?

• He invented paper money.

• He mandated the use of coins bearing his image.

• He established the first central bank.

• He introduced a barter system based on precious metals.

From what Latin word, related to the payment of Roman soldiers, does the English word "salary" originate?

• Pecunia

• Moneta

• Salarium

• Aerarium

Which family, originating in Florence during the Middle Ages, became a banking giant and influenced both economic and political power across Europe?

• The Rothschilds

• The Fuggers

• The Medicis

• The Borgias

What concept did Adam Smith introduce to describe how prices in a market naturally guide buyers and sellers to an equilibrium without central planning?

• The invisible hand

• The iron law of wages

• The paradox of thrift

• The theory of comparative advantage