Economics Quiz
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Questions and Answers

What is the main focus of economics?

  • B. The study of the Earth's climate and weather patterns
  • D. The study of the universe and its components
  • A. The study of the human body and its functions
  • C. The study of the behavior and choices of individuals, businesses, and governments (correct)

    • Which of the following best defines the term 'economic'?

  • A. Related to the study of living organisms
  • C. Concerned with the structure and function of the Earth's physical features
  • D. Associated with the study of celestial bodies
  • B. Pertaining to the production, distribution, and consumption of goods and services (correct)

    • Which of the following is NOT a factor of production in economics?

  • C. Capital
  • D. Technology (correct)
  • B. Labor
  • A. Land

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