Q1. What is a different name for economics that focuses on exchange?

A. Catallactics

B. Commerce

C. Microeconomics

D. Macroeconomics

Q.2Who can predict who will have a good idea?

A. Nobody

B. Anybody

C. Economists

D. Investors

Q3.What generates economic growth in the long run?

A. Innovations and Ideas.

B.Capital Investment.

C.Human capital

D.Education

Q4.Having a patent is guarantee for financial success.

A.False

B.True

Q5. Who gets the majority of surpluses in the long run?

A. Consumers

B.Producers

C.Both, consumers and producers

D.Neither consumers nor producers