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. Which Economists presented the law of diminishing marginal utility?


2. Ushr implies on


3. Rent of the building is included in


4. International trade has the benefits


5. In inflation prices


6. National income does not include


7. It is a Federal Tax


8. The methods of measuring the elasticity of supply are


9. The economy gets prosperity during


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


11. The economy gets maximum prosperity during


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


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


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


15. Who presented the quantity theory of money?


16. When the price falls supply


17. Inflation will be useful for


18. Who described Economics as a science of wealth?


19. The elasticity of demand for durable goods is


20. Average revenue is equal to


MCQs Economics

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