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Economics 3rd C.A. for SS 1
Contributed by: College
  • 1. Economics can be described as a\an __________
A) science
B) art
C) All of the above
D) philosophy
  • 2. Ends in Economics means ___________
A) resources
B) end of anything
C) human want or need or desire
D) none of the above
  • 3. Scarce means ______
A) limited unavailable resources
B) unlimited unavailable resources
C) limited available resources
D) unlimited available resources
  • 4. _____________ is a basic tool for economic analysis.
A) Utensil
B) Stove
C) Table
D) Chair
  • 5. The father of economics is called _________
A) Joe Biden
B) Adams Smith
C) Vladimir Putin
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) 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) percentage and degrees
C) All of the above
D) ratios
  • 10. A table must have a _____
A) X axis
B) Y axis
C) Both X and Y axes
D) title or heading
  • 11. ___________ is concerned with the study of laws and theories
A) Pure Economics
B) Micro Economics
C) Applied Economics
D) Macro Economics
  • 12. Which of the following branches of Economics deals with the study of money and banking?
A) pure economics
B) development economics
C) applied economics
D) monetary economics
  • 13. There are ________ major types of bar charts.
A) six
B) three
C) seven
D) four
  • 14. _____________ are charts in which pictures or drawings of objects are used.
A) Pictograms
B) Picturegraph
C) All of the above
D) Picturesque
  • 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) Uncertain
C) True
D) None of the above
  • 17. ____________ is used to join or connect the highest and the lowest points of a group of data.
A) Pie chart
B) bar charts
C) Pie graph
D) Line graph
  • 18. The measure of central tendency is also known as ______
A) measure of location
B) measure of tendencies
C) measure of average
D) Uncertain
  • 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) table
B) histogram
C) pie chart
D) bar chart
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