Basic economics test with answers 60 questions

Product description

Task 1

Question 1. The economy - it is a social science that is closely connected with ...

• Philosophy

• philology

• Psychology

• History

• sociology

Question 2. The opportunity cost of building a new school is ...

• Money for salaries of teachers of the new school

• money to equip new schools with modern computers

• other goods and services on which will have to be abandoned in favor of building a new school

• The costs of building a new school

• The amount of annual tax

Question 3. What is meant by claiming that any economic system is faced with the fact that resources are limited?

• The limited resources of poor countries are experiencing only

• production resources are never sufficient to meet all the needs chelovechesie

• The rich countries have overcome the problem of limited resources

• Any economic system peculiar shortages of consumer goods

• There are products that can be bought only at a high price

Question 4. If the country involved all the human and material resources, the greater the amount of any product ...

1 may be made only at reducing production of any other product

2 can not be produced

• can be made only private entrepreneur

• can be made only by the State

• can be made only with the total price reduction

Question 5. The problem is that, how and for whom to produce has to ...

• a natural science problems

• Only a society with a centrally planned

• to any society

• Environmental Management

• Only to a market economy

Task 2

Question 1. What is the part of economics that studies the economy at the national and the world?

• economic statistics

• Logistics

• Macroeconomics

• Economic Geography

• Microeconomics

Question 2. What is the view of the property in relation to which the owner is highlighted as an individual, an individual, the individual is?

• Joint

• Private

• Collective

• State

• The whole people

Question 3. An economic system in which both the market structure and elements of government - is ...

• Market Economy

• The capitalist system

• The traditional system

• decentralized economy

• The mixed economy

Question 4: What is the economic system based on free enterprise, competition and private property?

• Command

• Market

• Centralized

• Administrative

• Traditional

Question 5. On the question of how to produce, market economy provides an answer ...

1 with the highest price

• with the highest costs

• In accordance with the state plan

• at the least cost

• In accordance with the labor laws

Activity 3

Question 1. Free competition - is synonymous with ...

• perfect competition

• Monopolistic Competition

• oligopoly

• monopoly

• imperfect competition

Question 2. The majority of currently existing markets - it's ...

• markets of free competition

• oligopoly and monopolistic competition markets

• Monopoly

• monopsony

• monopoly and monopsony

Question 3. Oligopoly as a market structure is characterized by ...

• equal access to all kinds of information

• The presence of many manufacturers

• The concentration of production in the hands of one manufacturer

• operation of several large firms

• freedom of market entry

Question 4: What type of economic relations is more efficient for the development of the national economy?

• Free competition

• Monopoly

• The combination of monopoly and competition

• The state regulation of prices

• State Regulation of Production

Question 5: In what appears the state monopoly in the Russian economy?

• in the creation of small enterprises

• In the opening of free access

Additional information

Task 4

Question 1: What determines the demand for a product?

• The amount of product on the market at any price

• The amount of product that buyers are willing and able to buy at the proposed price

• The amount of product that buyers want to buy whether they can do it or not

• The amount of product that buyers can buy

• The amount of the product, which the manufacturer has to be done

Question 2: learning how consumers respond to changes in the prices of commodities, economists have formulated ...

• The law of diminishing returns

• The law of supply

• The law of mutual substitution

• The law of demand

• The law of large numbers

Question 3. What is the coefficient of elasticity of demand, if the price reduction of 5% sales growth of 10%?

• 0.2

• 1

• 2

• 5

• 10

Question 4. In which of these cases, the demand for the commodity is completely inelastic?

• if a slight increase in sales price increases substantially

• 1% change in price causes a 1% change in the volume of sales of goods

• with a very significant reduction in sales price varies slightly

• There is only one price at which consumers buy goods

• consumers buy a fixed quantity, regardless of its price

• If Question 1% price reduction causes an increase in sales of goods more than 1%, this corresponds to ...

• The elasticity of demand

• The unit elasticity of demand

• inelastic demand

• infinitely elastic demand

• perfectly inelastic demand

Task 5

Question 1. Fixed costs - it costs ...

• The purchase of raw materials

• Energy

• Materials

• Transportation

• protection of the territory

Question 2. Variable costs - it's ...

• wage costs to employees

• rents

• The mandatory insurance contributions

• The costs of enterprise management

• The costs of the use of buildings

Question 3: The quotient of the value of the cost by the number of units - it's ...

• The total costs

• The average costs

• fixed costs

• The marginal cost

• accounting costs

Question 4. Specify the basic means of improving the profitability of the operation of the company.

• The increase in wages to employees

• The increase in the number of employees

• improving the quality of the goods

• The increase in production volume

• Systematic cost reduction

Question 5: What is the pricing factor in the method of calculating the price based on costs?

• perception of buying goods

• The separate payment consumer spending on transportation

• The cost of the goods and adopted mark-cost

• inclusion in the price of transport costs

• Seasonal discounts

Task 6

Question 1: Gross domestic product - a measure of ...

• The price level of goods and services sold

• The amount of all goods produced in a country within a year

• The aggregate market value of all final goods and services produced in one year

• The total expenditure of the government and municipal authorities

• The quantity of goods and services produced by private business during the year

Question 2. The real value of banknotes currently defines:

• The price of gold

• The cost of the paper on which it is printed

• The cost of labor for the manufacture of banknotes

• The value of the goods and services that it can buy

• exchange rate

Question 3. Cash on hand - it's ...

• checking deposits

• Securities

• The paper money

• beschekovye savings deposits

• term deposits

Question 4: What is futures?

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