Which branch studies it?

Exercise and reference answers

Questions

1. Question

   How does a family decide what to buy?

   Choices

   1. Consumption
   2. Production
   3. Distribution

   Correct choice

   Consumption

2. Question

   How does a firm decide what to make?

   Choices

   1. Consumption
   2. Production
   3. Distribution

   Correct choice

   Production

3. Question

   How is national income divided into wages and profit?

   Choices

   1. Consumption
   2. Production
   3. Distribution

   Correct choice

   Distribution

4. Question

   How should we present this data in a chart?

   Choices

   1. Statistics
   2. Consumption
   3. Distribution

   Correct choice

   Statistics

Instructions

Tap the branch each question belongs to.

Explanation