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