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Economics Past Questions and Answers

Economics Questions

Question 2681:
Reward for entrepreneurship is
  • A Rent
  • B Wages
  • C Interest
  • D Profit
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Question 2682:
Which of the following is the function of an entrepreneur?
  • A Avoidance of risks
  • B Decision making
  • C Employment control
  • D Organizing unions
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Question 2683:
The difference between the highest and lowest in a set of data is
  • A Range
  • B Median
  • C Variance
  • D Mode
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Question 2684:
In which of the following economic system is the consumer referred to as the king?
  • A Capitalist economy
  • B Socialist economy
  • C Communist economy
  • D Mixed economy
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Question 2685:
The dispersal of people in a country is called
  • A Mobility of people
  • B Geographical distribution
  • C Occupational distribution
  • D State distribution
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