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. When the price falls supply

 
 
 
 

2. In inflation prices

 
 
 
 

3. The elasticity of demand for durable goods is

 
 
 
 

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

 
 
 
 

5. The methods of measuring the elasticity of supply are

 
 
 
 

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

 
 
 
 

7. The economy gets prosperity during

 
 
 
 

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

 
 
 
 

9. International trade has the benefits

 
 
 
 

10. Inflation will be useful for

 
 
 
 

11. Ushr implies on

 
 
 
 

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

 
 
 
 

13. Who presented the quantity theory of money?

 
 
 
 

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

 
 
 
 

15. It is a Federal Tax

 
 
 
 

16. Rent of the building is included in

 
 
 
 

17. Who described Economics as a science of wealth?

 
 
 
 

18. The economy gets maximum prosperity during

 
 
 
 

19. National income does not include

 
 
 
 

20. Average revenue is equal to

 
 
 
 

MCQs Economics – 2

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Try MCQs Economics Test 1

MCQs Economics – 1

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