Online MCQs Economics 5

There are 20 MCQs in Economics and this economics quiz will help you prepare Economics MCQs for Lecturer & Subject Specialist Exams. Answer the following multiple-choice questions and press ‘Submit‘ to get your score. Online MCQs Economics for the preparation of Jobs and Economics Educational Examinations related such as Lecturer, Research Analyst, Economist, etc.

Online Multiple Choice Questions about Economics for the preparation of M.Phil., Ph.D. Admissions, and job-related examinations

1. To know the spending capacity of the household sector, we have to use the concept of

 
 
 
 

2. For a study of the long term growth of the economy, we use

 
 
 
 

3. Which of the following economists came up with a theory regarding the tradefoff between unemployment and inflation?

 
 
 
 

4. Which of the following events will lead toward cost-push inflation and therefore stagnation?

 
 
 
 

5. The interest rate parity is the basis identity that relates to which of the following?

 
 
 
 

6. In monopoly, which of the following is not true?

 
 
 
 

7. The price elasticity of demand for any goods must be less than or equal to zero unless

 
 
 
 

8. Under the kinked demand curve model, an increase in marginal cost will lead to

 
 
 
 

9. The real exchange rate is defined as the

 
 
 
 

10. Real GDP is equal to

 
 
 
 

11. The long-run aggregate supply curve will shift to the right if

 
 
 
 

12. In the short run, the equilibrium price level and the equilibrium level of total output are determined by the intersection of

 
 
 
 

13. The aggregate supply curve is the relationship between

 
 
 
 

14. In monopoly, which of the following is NOT true?

 
 
 
 

15. For a firm buying labor competitively, the marginal input cost is equal to the

 
 
 
 

16. A nation’s balance of payments can be affected by changes in

 
 
 
 

17. Double counting in national income refers to

 
 
 
 

18. Which of the following is true about the supply curve under monopoly?

 
 
 
 

19. If we compare Gross Domestic Product (GDP) with Gross National
(1) Product (GNP) then

 
 
 
 

20. What is the interest rate effect that explains why the aggregate demand curve slopes downward?

 
 
 
 

Online MCQs Economics

  • The price elasticity of demand for any goods must be less than or equal to zero unless
  • In monopoly, which of the following is NOT true?
  • Under the kinked demand curve model, an increase in marginal cost will lead to
  • For a firm buying labor competitively, the marginal input cost is equal to the
  • The aggregate supply curve is the relationship between
  • The long-run aggregate supply curve will shift to the right if
  • A nation’s balance of payments can be affected by changes in
  • Real GDP is equal to
  • If we compare Gross Domestic Product (GDP) with Gross National (1) Product (GNP) then
  • In monopoly, which of the following is not true?
  • Which of the following is true about the supply curve under monopoly?
  • Which of the following events will lead toward cost-push inflation and therefore stagnation?
  • Double counting in national income refers to
  • To know the spending capacity of the household sector, we have to use the concept of
  • For a study of the long-term growth of the economy, we use
  • In the short run, the equilibrium price level and the equilibrium level of total output are determined by the intersection of
  • What is the interest rate effect that explains why the aggregate demand curve slopes downward?
  • Which of the following economists came up with a theory regarding the tradeoff between unemployment and inflation?
  • The real exchange rate is defined as the
  • The interest rate parity is the basis identity that relates to which of the following?
Online MCQs Economics

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