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