Economics 3rd C.A. for SS 1
  • 1. Economics can be described as a\an __________
A) philosophy
B) art
C) science
D) All of the above
  • 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) unlimited available resources
B) limited available resources
C) limited unavailable resources
D) unlimited unavailable resources
  • 4. _____________ is a basic tool for economic analysis.
A) Table
B) Stove
C) Utensil
D) Chair
  • 5. The father of economics is called _________
A) Barak Obama
B) Vladimir Putin
C) Adams Smith
D) Joe Biden
  • 6. The major branches of economics are ________
A) art and commercial
B) science and social science
C) economics and science
D) Micro and macro economics
  • 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) False
B) True
  • 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) Y axis
B) X axis
C) title or heading
D) Both X and Y axes
  • 11. ___________ is concerned with the study of laws and theories
A) Applied Economics
B) Pure Economics
C) Macro Economics
D) Micro Economics
  • 12. Which of the following branches of Economics deals with the study of money and banking?
A) applied economics
B) pure economics
C) monetary economics
D) development economics
  • 13. There are ________ major types of bar charts.
A) six
B) four
C) seven
D) three
  • 14. _____________ are charts in which pictures or drawings of objects are used.
A) Picturegraph
B) Picturesque
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) 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) Pie chart
B) Line graph
C) Pie graph
D) bar charts
  • 18. The measure of central tendency is also known as ______
A) measure of tendencies
B) measure of location
C) measure of average
D) Uncertain
  • 19. __________ is systematic and orderly arrangement of information using rows and columns for presentation.
A) Table
B) Chair
C) Bars
D) Graphs
  • 20. This diagram is called ______
A) bar chart
B) table
C) pie chart
D) histogram
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