{"asignatura":"","author":"","authorVideo":"","typeGame":"QuExt","endVideo":0,"idVideo":"","startVideo":0,"instructionsExe":"%3Cp%3EChoose%20the%20right%20answer%3C/p%3E","instructions":"Choose the right answer ","showMinimize":false,"optionsRamdon":false,"answersRamdon":false,"showSolution":true,"timeShowSolution":3,"useLives":true,"numberLives":3,"itinerary":{"showClue":false,"clueGame":"","percentageClue":40,"showCodeAccess":false,"codeAccess":"","messageCodeAccess":""},"questionsGame":[{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"1) Macro Economics is also known as","options":["Income Theory","Aggregate Economics","Employment Theory","All of the above"],"solution":3},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"2) The reward for entrepreneurship is","options":["Rent","Wage","Interest","Profit"],"solution":3},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"3) The book ' An Essay on the Nature and Significance Economics' is written by","options":["Alfred Marshall","Lionel Robins","J.M. Keynes","Adam Smith"],"solution":1},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"4) All the central economic problems in a capitalist economy is solved by","options":["Price Mechanism","Government","Both Price Mechanism and Govt","Demand"],"solution":0},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"5) The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called","options":["Production Possibility Set","Production Possibility Curve","Production Possibility Schedule","None of these"],"solution":0},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"6) The book ‘An Enquiry into the Nature and Causes of Wealth of Nations’ was published in the year","options":["!876","1976","1776","1964"],"solution":2},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"7) An economy reduces its production of wheat from 100 units to 80 units in order to increase the production of rice from 5 units to 8 units. The Marginal Opportunity Cost of rice in terms of wheat is","options":["5","5.5","6.6","20"],"solution":2},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"8) For whom to produce implies","options":["Production Technology","Functional Distribution","Quantity of Production","Quality of Production"],"solution":1},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"9) As a result of protection policy, inflow of foreign capital has decreased. What is its impact on Production Possibility Curve","options":["Moves rightwards","Moves leftwards","No change","None of the above"],"solution":1},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"10) Opportunity cost is","options":["Economic cost","Transfer earning","Alternative cost","All of these"],"solution":3},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"11) State the economic terms. The allocations of scarce resources and the distribution of the final goods and services.","options":["Economics","Micro Economics","Central Problems","Opportunity Cost"],"solution":2},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"12) What is the usual shape of a production possibility curve?","options":["Concave to origin","Convex to origin","Linear","Rectangular hyper bola"],"solution":0},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"13) Under Socialist Economic System central problems are solved by","options":["Market","Government","R.B.I","Courts"],"solution":1},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"14) Under labour intensive production technique more of","options":["Capital is used","Labour is used","Both labour and Capital is used","Land is used"],"solution":1},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"15) Reasons for economic problems in an economy","options":["Unlimited human wants","Limited resources","Alternative uses of resources and Different priorities of resources","All of these"],"solution":3,"url":"undefined"},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"16) Locus of combinations of two goods which an economy can produce with the available resources and the given level of technology is called","options":["Production Possibility Schedule","Production Possibility Curve","Production Possibility Set","All of the above"],"solution":1,"url":"undefined"},{"type":1,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","url":"resources/ppcch1.png","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"17) In the above image, Point 'C' indicates","options":["Fuller utilisation of resources","Under utilisation of resources","Growth of resources","Efficient utilisation of resources"],"solution":1},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"18) When marginal Opportunity Cost is decreased, shape of Production Possibility curve will be","options":["Concave to origin","Convex to origin","Linear","None of the above"],"solution":1,"url":"undefined"},{"type":1,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","url":"resources/ppc-upward.gif","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"19) In the above diagram, movement of PPC AB to A1 B1 indicates","options":["Growth of resources","Under utilisation of resources","No change in resources","None of the above"],"solution":0},{"type":0,"time":0,"numberOptions":4,"x":0,"y":0,"author":"","alt":"","soundVideo":1,"imageVideo":1,"iVideo":0,"fVideo":0,"eText":"","quextion":"20) Economics is divided in to Normative Economics and Positive Economics on the basis of","options":["Size of Economics","Analysis","Merits and demerits","None of the above"],"solution":1,"url":"undefined"}],"isScorm":0,"textButtonScorm":"Save score","repeatActivity":false,"title":"","msgs":{"msgReady":"Ready?","msgStartGame":"Click here to start","msgSubmit":"Submit","msgEnterCode":"Enter the access code","msgErrorCode":"The access code is not correct","msgGameOver":"Game Over!","msgClue":"Cool! 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