Economics MCQs

A. bankruptcy
B. default
C. total loss
D. crash

A. Technology
B. Input costs
C. Government regulation
D. All of the above

A. a precise list or enumeration of financial transactions
B. money deposited for checking savings or breakage use
C. a customer having business or credit relationship with a firm
D. all of these

A. A nonlinear relationship
B. A positive linear relationship
C. A scatter diagrams
D. A negative linear relationship

A. Quantity demanded equals quantity supplied
B. Excess demand and excess supply are zero
C. The market is cleared by the equilibrium price
D. All of the above

A. Adjusting for changes over time
B. Adjusting for data collection errors
C. Adjusting for population changes
D. Adjusting or changes in prices

A. Vertical axis and horizontal axis
B. Intercept and slope
C. Scale and slope
D. Intercept and scale

A. Individual building blocks in the economy
B. The relationship between different sectors on the economy
C. Household purchase decisions
D. The economy as a whole

A. About the same point in time over different places
B. About different points in time over the same variable
C. About different variables over different places
D. About different points in time over different places

A. Economics problems are solved by the government and market
B. Economic decisions are made by the private sector and free market
C. Economic allocation is achieved by the invisible hand
D. Economics s is solved by government departments