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Understanding Economic Fundamentals

Business & Finance

Understanding Economic Fundamentals

Explore key concepts in economics with this short quiz.

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Quiz Intelligence

Total Questions

5

Difficulty Level

easy

Progress

0/0

0%

Quiz Questions

Answer all questions below and test your knowledge.

1
What is the term for the study of individual economic units?
Question 1
2
What happens to demand for a product when its price increases?
Question 2
3
What is the term for a market structure with many firms selling a similar product?
Question 3
4
What is the term for a tax on imported goods?
Question 4
5
What is the term for the ability of an economy to produce goods and services?
Question 5

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