Category: Economics

MCQs Economics – 3MCQs 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. The other name of the law of diminishing return is


2. Ushr implies on


3. The economy gets prosperity during


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


5. The economy gets maximum prosperity during


6. National income does not include


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


8. Average revenue is equal to


9. In inflation prices


10. International trade has the benefits


11. Who presented the quantity theory of money?


12. The methods of measuring the elasticity of supply are


13. Rent of the building is included in


14. Who described Economics as a science of wealth?


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


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


17. When the price falls supply


18. It is a Federal Tax


19. The elasticity of demand for durable goods is


20. Inflation will be useful for


MCQs Economics