Online MCQs about the subject of Economics. There are 20 MCQs about Economics and this economics quiz will help you prepare Economics MCQs for Lecturer & Subject Specialist Exams. Answer the following multiple-choice questions and press ‘Submit‘ to get your score. Let us start with the MCQs Economics Quiz.
MCQs Economics for the preparation of different Job and educational degree-related tests and examinations.
MCQs Economics Quiz
- When the price of a product falls, supply will be
- When the price falls, supply will be
- The slope of a demand curve is
- Who is the writer of “The Wealth of Nations”?
- When does national income increases
- Inflation on prices
- Phases of the trade cycle are
- International trade has the benefits
- Canons of taxation describe
- Who wrote “The Nature and Significance of Economics”?
- Who criticized Prof. Robbin’s definition?
- Which economist presented the Cardinal Theory of Utility
- The quality of a good which satisfies a human want is called as
- According to the law of diminishing marginal utility, the marginal utility
- Consumer goods are those goods that are used by a man
- The elasticity of demand for durable goods is
- The unity method of elasticity of demand was presented by
- What remains after the deduction of direct taxes from personal income
- What is deducted from GNP finds GDP?
- What was the difficulty of the “barter system”?
