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Economics Quiz

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

A stock is a quantity/ variable:

a)

Has no time dimension

b)

Is a static concept

c)

Both -no time dimension and static concept

d)

None of these

2.

A quantity measured per unit of time period is known as:

a)

Stock

b)

Flow

c)

Inventory

d)

None of these

3.

Income of the family is the example of

a)

Flow

b)

Stock

c)

Both of these

d)

Neither of these

4.

Which of the following is a stock :

a)

Interest on capital

b)

Distance between delhi and manali

c)

Expenditure

d)

All of these

5.

Pick the odd one out:

a)

Interest on capital

b)

Production

c)

Consumption

d)

Wealth

6.

Pick the odd one out

a)

Inventory of finished goods

b)

Number of machines

c)

Population

d)

Savings

7.

There is mutual dependence between stock and flow

a)

True

b)

False

c)

Can’t say

8.

Increase in capital goods leads to increase in production. This is the example of

a)

Flow affecting stock

b)

Stock affecting flow

c)

none of these

d)

Flow affecting flow

e)

Stock affecting stock

9.

Those variables which increases the income generation capacity of an economy is called:

a)

Leakages

b)

Injection

c)

Stock

d)

None of these

10.

Which one of the following is example of leakages?

a)

Export

b)

Investment

c)

Subsidy

d)

Taxes

11.

Pick the odd one out

a)

Import

b)

Taxes

c)

savings

d)

Export

12.

Those variables which reduces the circular of income production and expenditure are called

a)

Injection

b)

flow

c)

Leakages

d)

None of the above