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. The elasticity of demand for durable goods is


2. Who presented the quantity theory of money?


3. The methods of measuring the elasticity of supply are


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


5. The economy gets maximum prosperity during


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


7. Rent of the building is included in


8. In inflation prices


9. International trade has the benefits


10. Ushr implies on


11. It is a Federal Tax


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


13. Inflation will be useful for


14. National income does not include


15. The economy gets prosperity during


16. Average revenue is equal to


17. When the price falls supply


18. Who described Economics as a science of wealth?


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


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


MCQs Economics