Economics Quiz: Correlation and Odd One Out
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Questions and Answers

What is the best term to complete the analogy: Gold coin : Metal Money :: Credit Card : ?

  • Cash
  • Digital Transaction (correct)
  • Barter
  • Loan
  • Who is the equivalent figure to Adam Smith in the context of economics?

  • Thomas Piketty
  • John Maynard Keynes
  • Milton Friedman
  • Kautilya (correct)
  • Which term fits: Exchange of goods : Goods :: Modern Economy : ?

  • Barter System
  • Currency
  • Services (correct)
  • Stock Market
  • What is the term related to deciles that matches its function?

    <p>Quartiles</p> Signup and view all the answers

    Which term is a suitable comparison to 'Individual necessity : Judge's coat'?

    <p>Traveler's Bag : Train</p> Signup and view all the answers

    Study Notes

    A) Correct the Correlation

    • Gold coin : Metal Money :: Credit Card : Plastic Money
    • Economics : Kautilya :: Wealth of Nations : Adam Smith
    • Exchange of goods : Goods :: Modern Economy : Services
    • Deciles : 10 :: Parcentiles : 99
    • Individual necessity : Judge's coat :: Public necessity : Travel by train

    B) Find the Odd Word Out

    • [Possible options for the odd word out could have been provided in the answer key or the question]

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    Description

    Test your knowledge of economics through this engaging quiz. You will need to identify correct correlations and find the odd word out in several economic terms. Challenge yourself and see how well you understand these concepts!

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