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Economics Questions - All Grades

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Grade 12 Economics
Grade 5 Economics
Grade 9 Economics
Grade 7 Economics
Which of the following is not true about the unemployment rate?
  1. It does not count the retired.
  2. It does not include students.
  3. It does not include the disabled.
  4. It does not include people actively seeking work.
Grade 7 Economics
A situation where the resources are distributed inefficiently is called what?
  1. inflation
  2. deflation
  3. market failure
  4. consumption set
Grade 7 Economics
Grade 3 Economics
What are goods and services offered by businesses?
  1. sale items
  2. products
  3. inventions
  4. companies
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