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