1. A branch of economics which deals with smaller units or components of the economy is called ----
2. The father of economics is -----
3. All these are basic tools for economics analysis except ----
4. A system of selecting or choosing one out of a number of alternatives is called -----
5. The creation of goods and services for the satisfaction of human wants is termed --
6. Economics is a social science because its ------
7. Economics is defined as a science that treats phenomena from the stand point of ----
8. All these are economics concept except ---
9. A list of wants arranged in their order of priority is called -----
10. The insatiable desire or need of man to own goods is called -----
11. When cost is expressed in terms of alternatives forgone it is called -----
12. All these are factors of production except
13. One of these is a measure of central tendency
14. The number of times a part of an event or information is usually used is called -----
15. A graphical representation of frequency distribution is called ------
16. Economics is seen as a science subject because it adapts ----
17. The average of a series of figures or data is called ----
18. The father of economics wrote a treatise titled the -----
19. Production is incomplete until the goods gets to the final ----
20. The pie chart is usually measured with a mathematical instrument called a ----
3. With the aid of a frequency distribution tables, calculate the mean of the scores
24 12 24 12 16 18 24 18 8 16 24Â 8 12 12 18 24 10 16 20 24
4. Calculate the median of the age group
Age ( yrs)Â Â Â Â 6Â Â 8Â Â 10Â Â 11Â Â 12Â 13Â 14
Frequency   5  10  3  8   7  10  8
Cumulative Frequency
2. The father of economics is -----
5. The creation of goods and services for the satisfaction of human wants is termed --
6. Economics is a social science because its ------
7. Economics is defined as a science that treats phenomena from the stand point of ----
12. All these are factors of production except
13. One of these is a measure of central tendency
15. A graphical representation of frequency distribution is called ------
17. The average of a series of figures or data is called ----
20. The pie chart is usually measured with a mathematical instrument called a ----
20. The pie chart is usually measured with a mathematical instrument called a ----
19. Production is incomplete until the goods gets to the final ----
19. Production is incomplete until the goods gets to the final ----
19. Production is incomplete until the goods gets to the final ----
19. Production is incomplete until the goods gets to the final ----
16. Economics is seen as a science subject because it adapts ----
15. A graphical representation of frequency distribution is called ------
13. One of these is a measure of central tendency
12. All these are factors of production except
11. When cost is expressed in terms of alternatives forgone it is called -----
9. A list of wants arranged in their order of priority is called -----
8. All these are economics concept except ---
8. All these are economics concept except ---
