DIASS Quiz No. 2.pptxgvytdtrseawefwrewss

Jan 13, 2025Download as PPTX, PDF0 likes28 views

MarkSimonCatajan

LET’S TEST OURSELVES!
1. Who is attributed as the first to use the
term "applied economics"?
a. Adam Smith
b. John Maynard Keynes
c. John Neville Keynes
d. Alfred Marshall
1 point

LET’S TEST OURSELVES!
2. What is econometrics primarily
concerned with?
a. The study of global trade
b. The application of statistical and
mathematical theories to economics
c. The creation of business strategies
d. The design of taxation systems
1 point

LET’S TEST OURSELVES!
3. Which is NOT one of the basic economic
problems?
a. What to produce
b. How to produce
c. Who should study economics
d. For whom to produce
1 point

LET’S TEST OURSELVES!
4. What are inputs referred to in the
context of production?
a. Completed goods
b. Labor, raw materials, and capital
c. Financial investments
d. Marketing strategies
1 point

LET’S TEST OURSELVES!
5. What does public finance mainly deal
with?
a. Private investments and loans
b. The government’s management of taxation,
borrowing, and expenditures
c. Household budgeting
d. Corporate funding strategies
1 point

LET’S TEST OURSELVES!
6. Why is understanding scarcity important
for economics students?
a. It teaches them to produce more goods.
b. It explains how to allocate available
resources efficiently.
c. It identifies untapped markets.
d. It helps them avoid financial losses.
1 point

LET’S TEST OURSELVES!
7. Which sector does NOT feature under the
division of economics?
a. Public finance
b. Politics
c. Distribution
d. Exchange
1 point

LET’S TEST OURSELVES!
8. What does inflation refer to?
a. An increase in employment opportunities
b. A decline in the purchasing power of a
given currency over time
c. The surplus of goods in the market
d. A rise in population rates
1 point

LET’S TEST OURSELVES!
9. What is the importance of public
finance?
a. It controls household savings.
b. It ensures fair and efficient distribution of
public resources for maximum social benefit.
c. It manages only government borrowings.
d. It is focused only on defense spending.
1 point

LET’S TEST OURSELVES!
10. Which economic problem
focuses on production methods?
a. What to produce
b. How to produce
c. For whom to produce
d. When to produce
1 point

LET’S TEST OURSELVES!
11-15 Enumerate the
BASIC ECONOMIC
PROBLEMS OF THE
COUNTRY
1 point

CONGRATULATIONS!
END OF QUIZ
NO. 2 APPLIED
ECONOMICS
2 points

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DIASS Quiz No. 2.pptxgvytdtrseawefwrewss

1. LESSON 1.2 Applied Economics QUIZ NO. 2

2. APPLIED ECONOMICS QUIZ NO. 1

3. LET’S TEST OURSELVES! 1. Who is attributed as the first to use the term "applied economics"? a. Adam Smith b. John Maynard Keynes c. John Neville Keynes d. Alfred Marshall 1 point

4. LET’S TEST OURSELVES! 2. What is econometrics primarily concerned with? a. The study of global trade b. The application of statistical and mathematical theories to economics c. The creation of business strategies d. The design of taxation systems 1 point

5. LET’S TEST OURSELVES! 3. Which is NOT one of the basic economic problems? a. What to produce b. How to produce c. Who should study economics d. For whom to produce 1 point

6. LET’S TEST OURSELVES! 4. What are inputs referred to in the context of production? a. Completed goods b. Labor, raw materials, and capital c. Financial investments d. Marketing strategies 1 point

7. LET’S TEST OURSELVES! 5. What does public finance mainly deal with? a. Private investments and loans b. The government’s management of taxation, borrowing, and expenditures c. Household budgeting d. Corporate funding strategies 1 point

8. LET’S TEST OURSELVES! 6. Why is understanding scarcity important for economics students? a. It teaches them to produce more goods. b. It explains how to allocate available resources efficiently. c. It identifies untapped markets. d. It helps them avoid financial losses. 1 point

9. LET’S TEST OURSELVES! 7. Which sector does NOT feature under the division of economics? a. Public finance b. Politics c. Distribution d. Exchange 1 point

10. LET’S TEST OURSELVES! 8. What does inflation refer to? a. An increase in employment opportunities b. A decline in the purchasing power of a given currency over time c. The surplus of goods in the market d. A rise in population rates 1 point

11. LET’S TEST OURSELVES! 9. What is the importance of public finance? a. It controls household savings. b. It ensures fair and efficient distribution of public resources for maximum social benefit. c. It manages only government borrowings. d. It is focused only on defense spending. 1 point

12. LET’S TEST OURSELVES! 10. Which economic problem focuses on production methods? a. What to produce b. How to produce c. For whom to produce d. When to produce 1 point

13. LET’S TEST OURSELVES! 11-15 Enumerate the BASIC ECONOMIC PROBLEMS OF THE COUNTRY 1 point

14. CONGRATULATIONS! END OF QUIZ NO. 2 APPLIED ECONOMICS 2 points