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