The MEI’s Economics Quizzes

Test your knowledge with the MEI’s Economics Quizzes

Financial and economic literacy are issues that are close to our hearts, and the MEI is proud to help all those interested in current events and public policy and who want to better understand all the issues at stake. The purpose of these short 10-question quizzes is to provide people of all ages with a way to both be entertained and educated.

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Quiz No 4 (April 1st, 2021)
In general, when the price of a good falls, the quantity demanded… / What mechanism or signal allows resources to be allocated most efficiently in an economy? / A monopoly exists when there is a single… / What is the main factor that guides the decisions made by economic agents in the marketplace? / More…

Quiz No 3 (October 27, 2020)
What is inflation? / What is a speculator? / Forgoing one thing in order to have more of another thing is called…? / What is the primary purpose of economics? / In an economy, a shortage of a product will occur when…? / A market economy is governed by which fundamental law or principle? / More…

Quiz No 2 (August 7, 2020)
When someone rents an apartment, who benefits from the transaction? / When a government’s spending exceeds its revenues in a given year, the difference is called? / Which of the following actions would most accelerate innovation in the telecommunications industry? / More…

Quiz No 1 (April 24, 2020)
An “economic spinoff” is…? / When we are forced to make choices, we are faced with the concept of…? / An increase in the number of pizzerias in a neighbourhood will probably result in…? / Why does professional goalie Carey Price earn over 100 times the salary of the team’s stick boy? / More…

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