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