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Economics Quizzes, Questions & Answers

Are you looking for some good economics practice questions and answers? If so, you have reached the right platform. Take these economics trivia quizzes and test your understanding of economics. Read More

Top Trending Quizzes


Hey, do you think yourself an economics expert? If yes, then here's a challenge for you. Take this Economics practice test quiz and see if you can score more than 80% on it. Economics is a very interesting subject. It helps...

Questions: 20  |  Attempts: 43328   |  Last updated: Aug 18, 2024
  • Sample Question
    What is the financial gain made in transactions? 
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Take our RIBO license practice exam quiz with the questions provided below in order to excel at being the most knowledgeable in your field. RIBO is a self-governing, self-supporting organization of insurance brokers who practice...

Questions: 10  |  Attempts: 31662   |  Last updated: Dec 13, 2024
  • Sample Question
    What is NOT a fiduciary?
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Dive into the diverse world of economic ideologies with our "Which School of Economic Thought Do You Belong To?" quiz. Economics isn't just about numbers; it's a realm of contrasting theories and philosophies...

Questions: 10  |  Attempts: 8898   |  Last updated: Nov 16, 2023
  • Sample Question
    The economy is made up of
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Looking for a helpful Economics unit 1 practice test? Here is a quiz for you. The study of economics covers the topic of finance and the many ways in which it can be distributed, with the production, transport, and consumption of...

Questions: 25  |  Attempts: 8166   |  Last updated: Jun 17, 2024
  • Sample Question
    What does the term capital mean?
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This Economics Exam MCQ Trivia quiz explores health economics, definitions of health by WHO, and attributes of optimal health. It assesses understanding of health dimensions and the mismatch of health concepts, enhancing...

Questions: 25  |  Attempts: 1725   |  Last updated: Jun 21, 2024
  • Sample Question
    Economics is considered with:
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This quiz covers the basics of demand & supply. All questions come from your Introduction to Demand, Introduction to Supply, and Determining Price Notes. You will have 1 minute to answer each question.

Questions: 10  |  Attempts: 18403   |  Last updated: Oct 28, 2024
  • Sample Question
    Which of the following is not a component of demand?
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Economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources. One of how we get to ensure that the company we set up ensures we understand the factors affecting the...

Questions: 9  |  Attempts: 13853   |  Last updated: Feb 22, 2024
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    The phenomenon of scarcity stems from the fact that...
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What is your economic IQ? The economy is based on what a country's growth in various aspects of the life of the population depends on. Do you know enough about economics? Well, if you think you have a strong IQ in this field,...

Questions: 72  |  Attempts: 12692   |  Last updated: Feb 15, 2024
  • Sample Question
    What is Economics?
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Looking for the law of demand practice quiz questions with answers? You have reached the right place. Take this quiz and test your knowledge regarding demand-supply. Law of demand is a basic principle of economics. This quiz is...

Questions: 10  |  Attempts: 12568   |  Last updated: Aug 21, 2023
  • Sample Question
    According to ____________, when price decreases, demand rises, and when price increases, demand falls.
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