MCQs Economics Quiz 2

Online MCQs about the subject of Economics. There are 20 MCQs about Economics. Let us start with the MCQs Economics Quiz.

MCQs Economics for the preparation of different Job and educational degree-related tests and examinations.

1. Which economist presented the Cardinal Theory of Utility

 
 
 
 

2. When the price falls, supply will be

 
 
 
 

3. When does national income increases

 
 
 
 

4. When the price of a product falls, supply will be

 
 
 
 

5. The unity method of elasticity of demand was presented by

 
 
 
 

6. International trade has the benefits

 
 
 
 

7. According to the law of diminishing marginal utility, the marginal utility

 
 
 
 

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

 
 
 
 

9. What remains after the deduction of direct taxes from personal income

 
 
 
 

10. What is deducted from GNP finds GDP?

 
 
 
 

11. Consumer goods are those goods that are used by a man

 
 
 
 

12. The elasticity of demand for durable goods is

 
 
 
 

13. Phases of the trade cycle are

 
 
 
 

14. Who is the writer of “The Wealth of Nations”?

 
 
 
 

15. Who criticized Prof. Robbin’s definition?

 
 
 
 

16. Canons of taxation describe

 
 
 
 

17. Who wrote “The Nature and Significance of Economics”?

 
 
 
 

18. Inflation on prices

 
 
 
 

19. What was the difficulty of the “barter system”?

 
 
 
 

20. The slope of a demand curve is

 
 
 
 


MCQs Economics Quiz

  • When the price of a product falls, supply will be
  • When the price falls, supply will be
  • The slope of a demand curve is
  • Who is the writer of “The Wealth of Nations”?
  • When does national income increases
  • Inflation on prices
  • Phases of the trade cycle are
  • International trade has the benefits
  • Canons of taxation describe
  • Who wrote “The Nature and Significance of Economics”?
  • Who criticized Prof. Robbin’s definition?
  • Which economist presented the Cardinal Theory of Utility
  • The quality of a good which satisfies a human want is called as
  • According to the law of diminishing marginal utility, the marginal utility
  • Consumer goods are those goods that are used by a man
  • The elasticity of demand for durable goods is
  • The unity method of elasticity of demand was presented by
  • What remains after the deduction of direct taxes from personal income
  • What is deducted from GNP finds GDP?
  • What was the difficulty of the “barter system”?
MCQs Economics Quiz

Try MCQs Economics Test 1

R Programming Language

Computer MCQs Test Online

Leave a Comment

Discover more from GM Statistics

Subscribe now to keep reading and get access to the full archive.

Continue reading