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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) none of the above
B) end of anything
C) resources
D) human want or need or desire
  • 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) Chair
C) Stove
D) Utensil
  • 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) science and social science
C) art and commercial
D) economics and science
  • 7. In Economics, the word 'means' means ________
A) services
B) all of the above
C) resources
D) goods
  • 8. Choice is selecting from alternatives
A) True
B) False
  • 9. Pie charts are measured in ______
A) sequences
B) ratios
C) All of the above
D) percentage and degrees
  • 10. A table must have a _____
A) Both X and Y axes
B) Y axis
C) title or heading
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) applied economics
B) development economics
C) monetary economics
D) pure economics
  • 13. There are ________ major types of bar charts.
A) six
B) seven
C) four
D) three
  • 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) Histographic
B) Historical
C) Histogram
D) Heroism
  • 16. The multiple bar chart is used when there are three or more variables.
A) True
B) False
C) None of the above
D) Uncertain
  • 17. ____________ is used to join or connect the highest and the lowest points of a group of data.
A) Line graph
B) Pie chart
C) bar charts
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) Table
B) Bars
C) Chair
D) Graphs
  • 20. This diagram is called ______
A) bar chart
B) histogram
C) pie chart
D) table
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