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