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2025 Economics Online Final: Comprehensive MCQ Pack

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Online Economics Final Exam- Multiple Choice Question 1 Economic decisions involve doing what with resources to produce goods and services for people to consume? A. Allocating B. Marginalizing C. Renewing D. Satisfying Correct Answer A. Allocating Question 2 Economics is about the production of goods and services, which requires the allocation of what? A. Benefits B. Consumption C. Resources D. Utility Correct Answer C. Resources Question 3 In an economic system, decisions need to be made about productive resources and which of the following?

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GAEE - Member Of The Global Association Of Economics Education
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Institution
GAEE - Member of the Global Association of Economics Education
Course
GAEE - Member of the Global Association of Economics Education

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Uploaded on
December 12, 2025
Number of pages
28
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • economics

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2025 Economics Online
Final: Comprehensive MCQ
Pack



Including Exam Questions
and Certified Answers, with
a 100% Guarantee of
Success

,Online Economics Final Exam- Multiple
Choice
Question 1
Economic decisions involve doing what with resources to produce goods and services for
people to consume?

A. Allocating
B. Marginalizing
C. Renewing
D. Satisfying
Correct Answer
A. Allocating


Question 2
Economics is about the production of goods and services, which requires the allocation of
what?

A. Benefits
B. Consumption
C. Resources
D. Utility
Correct Answer
C. Resources


Question 3
In an economic system, decisions need to be made about productive resources and which
of the following?

A. Allocation
B. Growth
C. Protection
D. Sustainability Correct Answer
A. Allocation


Question 4
Which of these government policies pursues the economic goal of equity?

A. Protecting consumers from fraud
B. Providing welfare benefits
C. Preventing monopolies

, D. Ending a recession
Correct Answer
B. Providing welfare benefits


Question 5
Which of these government policies pursues the economic goal of growth?

A. Keeping taxes low
B. Increasing the money supply
C. Borrowing money using bonds
D. Protecting consumers from fraud
Correct Answer
B. Increasing the money supply


Question 6
Which of these government policies pursues the economic goal of freedom?

A. Ending a recession
B. Avoiding a budget deficit
C. Increasing the money supply
D. Protecting consumers from fraud Correct Answer
D. Protecting consumers from fraud


Question 7
What is the purpose of a free-market system?

A. To protect the conditions that enable
specialization
B. To stimulate the growth of the gross domestic product
C. To raise the standard of living for everyone in the country
D. To allow consumers and producers to make their own
decisions Correct Answer
D. To allow consumers and producers to make their decisions


Question 8
Which of these is one of the principles of a free-market system?

A. The gross domestic product must be as large as
possible.
B. The government must prevent consumers from being
coerced.

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