The 5 Divisions of Economics Quiz

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Questions and Answers

Which division of economics is responsible for the movement of goods and services from production to the consumer?

  • Exchange (correct)
  • Distribution
  • Production
  • Consumption

Which division of economics is responsible for distributing goods and services among cooperating factors?

  • Exchange
  • Production
  • Consumption
  • Distribution (correct)

Which division of economics is responsible for studying financial income and expenditure?

  • Consumption
  • Exchange
  • Production
  • Public Finance (correct)

Which division of economics is responsible for satisfying the consumption of the consumer?

<p>Production (C)</p> Signup and view all the answers

Which division of economics is considered the basic activity of the economy?

<p>Consumption (A)</p> Signup and view all the answers

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