Online Economics Quiz with answers. There are 20 multiple-choice questions each with four options. The Quiz will help you to prepare PPSC, FPSC, NAT, GAT, and many other testing services. It will also help in preparing for college and university admission and degree examinations. Let us start with the Economics Quiz with Answers.
Online MCQs about Economics with Answers
Economics Quiz with Answers
- “Economics is the Science of Wealth”, who gave this definition?
- “Economics is what economists do”. It has been supported by
- “Human welfare is the subject of Economics”. The statement is associated with the name of which of the economists?
- Who has given a scarcity definition of economics?
- “Economics is a science” The basis of this statement is:
- Characteristics of economic laws are.
- Which opinions have revolutionized the scope of macroeconomics?
- Whose opinions have revolutionized the scope of macroeconomics?
- Which of the following is an economic activity?
- The passive factor of production is
- Under the law of demand
- For inferior commodities, the income effect is
- When total utility becomes maximum, then the marginal utility will be
- Utility means
- Marginal utility is equal to average utility at that time when average utility is
- At the point of satiety, marginal utility is
- Which of the following is the second law of Gosse?
- The total utility of a commodity is measured by which price of the commodity?
- In Economics the central problem is
- Macroeconomics deals with
