Economics 3rd C.A. for SS 1
  • 1. Economics can be described as a\an __________
A) science
B) philosophy
C) All of the above
D) art
  • 2. Ends in Economics means ___________
A) none of the above
B) end of anything
C) resources
D) human want or need or desire
  • 3. Scarce means ______
A) unlimited available resources
B) limited unavailable resources
C) limited available resources
D) unlimited 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) Joe Biden
D) Barak Obama
  • 6. The major branches of economics are ________
A) science and social science
B) economics and science
C) Micro and macro economics
D) art and commercial
  • 7. In Economics, the word 'means' means ________
A) services
B) goods
C) all of the above
D) resources
  • 8. Choice is selecting from alternatives
A) True
B) False
  • 9. Pie charts are measured in ______
A) All of the above
B) percentage and degrees
C) ratios
D) sequences
  • 10. A table must have a _____
A) title or heading
B) Y axis
C) X axis
D) Both X and Y axes
  • 11. ___________ is concerned with the study of laws and theories
A) Applied Economics
B) Pure Economics
C) Micro Economics
D) Macro Economics
  • 12. Which of the following branches of Economics deals with the study of money and banking?
A) development economics
B) pure economics
C) applied economics
D) monetary 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) Picturesque
B) Picturegraph
C) Pictograms
D) All of the above
  • 15. ____________ is a graphical representation of frequency distribution.
A) Histographic
B) Historical
C) Heroism
D) Histogram
  • 16. The multiple bar chart is used when there are three or more variables.
A) True
B) None of the above
C) False
D) Uncertain
  • 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) Pie chart
D) Line graph
  • 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) Bars
C) Graphs
D) Table
  • 20. This diagram is called ______
A) pie chart
B) table
C) histogram
D) bar chart
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