Thursday , October 29 2020

Economics Mcqs Online Quiz – Fundamental Economic Concepts – Quiz # 1

Economics Mcqs Online Quiz – Chapter # 1 Fundamental Economic Concepts Quiz # 1

QUIZ  Requirements & INSTRUCTIONS:

  • This Quiz is related to Fundamental Economics Concepts
  • If you have good understanding about the subject, then you can attempt it
  • There will be 20 Multiple Choice Questions (MCQs) in this test
  • You have 60 Seconds to answer a single Multiple Choice Question
  • Questions will be randomly changed every time you start this test
  • You should practice more and more to get high marks
  • Passing Criteria is 60 percent for this Quiz
  • After the quiz, You will find Your Test Score and Grade
  • If you feel that any Incorrect Answer to a Question, simply Comment us about the Question.




This is a timed quiz. You will be given 60 seconds per question. Are you ready?

60
0%

Following concept is NOT illustrated by the Production Possibility Curve:

Correct! Wrong!

Which of the following is not an issue in macroeconomics?

Correct! Wrong!

The production possibility curve would move inwards when:

Correct! Wrong!

Which one of the following is a basic economic problem?

Correct! Wrong!

Economic growth in an industrial society results from:

Correct! Wrong!

Which of the following topics are studied in Macro Economics?

Correct! Wrong!

Which of the following is NOT associated with macroeconomics?

Correct! Wrong!

Which of the following is not a factor of production?

Correct! Wrong!

If the production possibility curve moves outward to the right, it means that:

Correct! Wrong!

Which of the following is a measure of income earned by a factor of production?

Correct! Wrong!

Fundamental Economic Concepts - Quiz 1
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