Welcome to your Economics Exam j.s 1
1. Economics adopts scientific methods of science except _____
2) Adams smith was regarded as ____
3) The generally accepted definition of economics was given by _____
5) The limited supply of resource which are used for the satisfaction of unlimited wants is called_____
6) A system of choosing or selecting one out of a number of alternatives is called _____
7) Opportunity cost means ______
8) The horizontal line in plotting a graph is the _______
9) The pie-chart is measured using a mathematical instrument called _____
10) A type of graph I know is ____
11) A room where clerical work is done is an ______
12) One career prospect waiting for a business studies student I know is _____
13) Two sections in an organization I know are _______
14) The insatiable desire or need of man is called ______
15) ‘Ceteris Paribus’ means _____
16) A graph made up of bars of rectangle which are of equal width and whose length are proportional to the quantities they represent is called ____
17) Pie-chart or graph is measured in _______
18) The arrangement of data in tabular form to reflect their frequencies is called _____
19) Pictorial graph or graphs with pictures are called _____
20) In a general office the ------ is the head