ECONOMICS BASICS-2
Authored by KRISHAN RATHI SIR uniquerathi2020@gmail.com
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12th Grade
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21 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Difference between need and want
Evaluate responses using AI:
OFF
2.
OPEN ENDED QUESTION
3 mins • 1 pt
Full form of UNDP is
Evaluate responses using AI:
OFF
3.
OPEN ENDED QUESTION
3 mins • 1 pt
A rational person does not act unless a. the action is ethical.
Evaluate responses using AI:
OFF
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your family bought a brand new mansion.
Service
Want
Good
Need
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
मांग के नियम के कितने उपवाद है?
4
3
1
2
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A point above the PPF curve represents
inefficiency
efficiency
Unattainable
Unemployment
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Scarcity can best be defined as
A Shortage of a product
Where demand is greater than supply
Unlimited wants vs Limited resources
Limited wants vs unlimited resources
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