EBE test yourself!
EBE Self-Assessment Quiz
Test your knowledge of economics with our engaging quiz! Designed to help you understand key concepts in the economy, this quiz challenges you with multiple-choice questions that cover various topics. Perfect for students and enthusiasts alike!
- 6 thought-provoking questions
- Instant feedback on your answers
- Learn while having fun!
In terms of resources, what do households provide to business?
Labour and savings
Savings and Capital
Loans and Natural resources
None of the above
This is an example of a demand equation
Qd-a+bp=0
Qd+a-bp=0
Qd=a+bp-0
Qd=bp-1, where 1 is a negative intercept
If the demand for a substitute good increases, then the price of the alternative good has decreased
True
False
Not enough information to tell
None of the above
What do we call a factor that reduces national’s income?
Factor market
Product market
Injections
Leakages
What causes a shift of the demand curve?
Price
Income
Population increase
Income and population increase
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