Category: Economics

MCQs Economics – 3

Online Multiple Choice Questions about Economics for the preparation of Jobs and Economics Educational Examinations related such as Lecturer, Research Analyst, and Economist, etc.

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1. According to the law of increasing return, marginal product

 
 
 
 

2. Ushr implies on

 
 
 
 

3. The elasticity of demand for durable goods is

 
 
 
 

4. Rent of the building is included in

 
 
 
 

5. Who described Economics as a science of wealth?

 
 
 
 

6. Who presented the quantity theory of money?

 
 
 
 

7. When the price falls supply

 
 
 
 

8. The quality of a good which satisfies a human want to called as

 
 
 
 

9. In inflation prices

 
 
 
 

10. Who is responsible for profit and loss in the business?

 
 
 
 

11. The methods of measuring the elasticity of supply are

 
 
 
 

12. The economy gets prosperity during

 
 
 
 

13. Inflation will be useful for

 
 
 
 

14. National income does not include

 
 
 
 

15. The economy gets maximum prosperity during

 
 
 
 

16. Which Economists presented the law of diminishing marginal utility?

 
 
 
 

17. It is a Federal Tax

 
 
 
 

18. The other name of the law of diminishing return is

 
 
 
 

19. International trade has the benefits

 
 
 
 

20. Average revenue is equal to

 
 
 
 

MCQs Economics

MCQs Economics – 2

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MCQs Economics – 1

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