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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) All of the above
C) science
D) art
  • 2. Ends in Economics means ___________
A) none of the above
B) human want or need or desire
C) resources
D) end of anything
  • 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) Stove
B) Table
C) Utensil
D) Chair
  • 5. The father of economics is called _________
A) Joe Biden
B) Adams Smith
C) Barak Obama
D) Vladimir Putin
  • 6. The major branches of economics are ________
A) Micro and macro economics
B) economics and science
C) science and social science
D) art and commercial
  • 7. In Economics, the word 'means' means ________
A) goods
B) services
C) resources
D) all of the above
  • 8. Choice is selecting from alternatives
A) False
B) True
  • 9. Pie charts are measured in ______
A) sequences
B) All of the above
C) percentage and degrees
D) ratios
  • 10. A table must have a _____
A) Both X and Y axes
B) X axis
C) Y axis
D) title or heading
  • 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) development economics
B) applied economics
C) monetary economics
D) pure economics
  • 13. There are ________ major types of bar charts.
A) seven
B) six
C) three
D) four
  • 14. _____________ are charts in which pictures or drawings of objects are used.
A) Picturegraph
B) All of the above
C) Pictograms
D) Picturesque
  • 15. ____________ is a graphical representation of frequency distribution.
A) Historical
B) Heroism
C) Histogram
D) Histographic
  • 16. The multiple bar chart is used when there are three or more variables.
A) Uncertain
B) False
C) None of the above
D) True
  • 17. ____________ is used to join or connect the highest and the lowest points of a group of data.
A) Line graph
B) bar charts
C) Pie graph
D) Pie chart
  • 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) Bars
B) Table
C) Chair
D) Graphs
  • 20. This diagram is called ______
A) bar chart
B) table
C) histogram
D) pie chart
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