Economics 3rd C.A. for SS 1
  • 1. Economics can be described as a\an __________
A) art
B) All of the above
C) science
D) philosophy
  • 2. Ends in Economics means ___________
A) end of anything
B) resources
C) human want or need or desire
D) none of the above
  • 3. Scarce means ______
A) unlimited unavailable resources
B) unlimited available resources
C) limited available resources
D) limited unavailable resources
  • 4. _____________ is a basic tool for economic analysis.
A) Utensil
B) Stove
C) Chair
D) Table
  • 5. The father of economics is called _________
A) Barak Obama
B) Adams Smith
C) Vladimir Putin
D) Joe Biden
  • 6. The major branches of economics are ________
A) Micro and macro economics
B) science and social science
C) economics and science
D) art and commercial
  • 7. In Economics, the word 'means' means ________
A) all of the above
B) services
C) goods
D) resources
  • 8. Choice is selecting from alternatives
A) True
B) False
  • 9. Pie charts are measured in ______
A) All of the above
B) ratios
C) percentage and degrees
D) sequences
  • 10. A table must have a _____
A) Both X and Y axes
B) title or heading
C) X axis
D) Y axis
  • 11. ___________ is concerned with the study of laws and theories
A) Macro Economics
B) Applied Economics
C) Pure Economics
D) Micro Economics
  • 12. Which of the following branches of Economics deals with the study of money and banking?
A) applied economics
B) monetary economics
C) development economics
D) pure economics
  • 13. There are ________ major types of bar charts.
A) six
B) three
C) four
D) seven
  • 14. _____________ are charts in which pictures or drawings of objects are used.
A) Picturegraph
B) Pictograms
C) All of the above
D) Picturesque
  • 15. ____________ is a graphical representation of frequency distribution.
A) Historical
B) Histographic
C) Heroism
D) Histogram
  • 16. The multiple bar chart is used when there are three or more variables.
A) True
B) False
C) Uncertain
D) None of the above
  • 17. ____________ is used to join or connect the highest and the lowest points of a group of data.
A) Pie chart
B) Pie graph
C) bar charts
D) Line graph
  • 18. The measure of central tendency is also known as ______
A) measure of average
B) Uncertain
C) measure of tendencies
D) measure of location
  • 19. __________ is systematic and orderly arrangement of information using rows and columns for presentation.
A) Chair
B) Graphs
C) Bars
D) Table
  • 20. This diagram is called ______
A) bar chart
B) histogram
C) pie chart
D) table
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