Economics Quiz

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What does an economy emphasize?

Social isolation

Management of abundant resources

Production, distribution, trade, and consumption of goods and services (correct)

Cultural practices and discourses

What are the main factors that involve a given economy?

Technological advancements only

Cultural diversity only

Economic isolation

Culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources (correct)

Who can be economic agents?

Only organizations

Only individuals

Only governments

Individuals, businesses, organizations, or governments (correct)

When do economic transactions occur?

When two groups or parties agree to the value or price of the transacted good or service Signup and view all the answers

What is the economic domain?

A social domain of interrelated human practices and transactions Signup and view all the answers

What does the CBSE Class 12 Economics Syllabus provide?

A wide range of concepts and advanced information regarding the subject Signup and view all the answers

What is the primary focus of Economics according to the text?

How governments, businesses, households, societies, and individuals make choices about resource allocation Signup and view all the answers

What does the CBSE Class 12 Economics Syllabus aim to study?

How institutions will adapt to given changes in fiscal policies and market conditions Signup and view all the answers

What can students do by going through the CBSE Class 12 Economics Syllabus?

Know the topics they are going to study Signup and view all the answers

Where can students download the latest released CBSE Class 12 Economics Syllabus PDF?

From the provided link below Signup and view all the answers

Economics Quiz

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Questions and Answers

What does an economy emphasize?

What are the main factors that involve a given economy?

Who can be economic agents?

When do economic transactions occur?

What is the economic domain?

What does the CBSE Class 12 Economics Syllabus provide?

What is the primary focus of Economics according to the text?

What does the CBSE Class 12 Economics Syllabus aim to study?

What can students do by going through the CBSE Class 12 Economics Syllabus?

Where can students download the latest released CBSE Class 12 Economics Syllabus PDF?

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