Economics Quiz 2025

Online MCQs about the subject of Economics. There are 20 MCQs in each quiz. These quizzes will help you prepare for Economics MCQs for Lecturer & Subject Specialist Exams. Answer the following multiple-choice questions and press ‘Submit‘ to get your score. Click the link below to start with the Economics Quiz.

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The above are online multiple-choice questions about Economics for job preparation and economic educational examinations, such as those for Lecturers, Research Analysts, and Economists. The gmstat.com website is about online test preparation. It discusses economics, math, computer science, and other subjects. The economics section contains numerous multiple-choice questions. The quizzes cover topics related to microeconomics, inflation, marginal benefits, circular flow of goods, planned economy, demand and supply, and other economic concepts. These quizzes will help you to prepare for PPSC, FPSC, NAT, GAT, and many other testing services. It will also help in preparing for college and university admissions and degree examinations.

Macroeconomics: Macroeconomics studies large-scale economic factors like GDP, inflation, unemployment, and fiscal/monetary policies. It analyzes national and global economies to guide growth, stability, and policy decisions. Essential for understanding market trends and economic health!

MCQs Economics Quiz with Answers

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Economics MCQs 4

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

Multiple Choice Questions about the Subject of Economics for the preparation for the PPSC Lecturer test and various job and School, College, and University related examinations.

1. The supply of perishable goods is

 
 
 
 

2. Personal income includes

 
 
 
 

3. If pen and ink are complements, then an increase in the price of the pen will cause

 
 
 
 

4. How many methods can be used for cultivation?

 
 
 
 

5. The supply of land is

 
 
 
 

6. During a year aggregate value of produced goods and services of a country is called

 
 
 
 

7. If total expenditure decreases with the rise in price elasticity of demand will be

 
 
 
 

8. A monopolistically competitive firm in short run equilibrium

 
 
 
 

9. The reward for labour is

 
 
 
 

10. The reward for capital is called

 
 
 
 

11. Due to devaluation exports become

 
 
 
 

12. A monopolistically competitive firm in the long run equilibrium

 
 
 
 

13. A market is said to be in equilibrium when

 
 
 
 

14. As more of a good is consumed, then total utility typically

 
 
 
 

15. The market structure in which strategic considerations are most important is

 
 
 
 

16. The marginal cost curve always intersects the average cost curve at

 
 
 
 

17. The quality of a commodity that satisfies human wants

 
 
 
 

18. Income elasticity shows the relationship between

 
 
 
 

19. The shape of AR and MR under perfect competition is

 
 
 
 

20. Macro Economics was introduced by

 
 
 
 

Online Economics MCQs with Answers

  • If total expenditure decreases with the rise in price elasticity of demand will be
  • Income elasticity shows the relationship between
  • The supply of land is
  • The shape of AR and MR under perfect competition is
  • The supply of perishable goods is
  • The quality of a commodity that satisfies human wants
  • The marginal cost curve always intersects the average cost curve at
  • During a year aggregate value of produced goods and services of a country is called
  • How many methods can be used for cultivation?
  • The reward for labour is
  • Due to devaluation exports become
  • The reward for capital is called
  • Personal income includes
  • Macro Economics was introduced by
  • If pen and ink are complements, then an increase in the price of the pen will cause
  • A market is said to be in equilibrium when
  • As more of a good is consumed, then total utility typically
  • A monopolistically competitive firm in short-run equilibrium
  • A monopolistically competitive firm in the long run equilibrium
  • The market structure in which strategic considerations are most important is
Online Economics MCQs with Answers

MCQs Economics – 3 Test

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Online MCQs Economics Quiz 3

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

Please go to Online MCQs Economics Quiz 3 to view the test

Online MCQs Economics Quiz

  • In inflation prices
  • Inflation will be useful for
  • The economy gets prosperity during
  • It is a Federal Tax
  • The quality of a good that satisfies a human want to called as
  • Which Economists presented the law of diminishing marginal utility?
  • The methods of measuring the elasticity of supply are
  • According to the law of increasing return, the marginal product
  • Average revenue is equal to
  • When the price falls supply
  • The other name of the law of diminishing return is
  • The elasticity of demand for durable goods is
  • Rent of the building is included in
  • Who is responsible for profit and loss in the business?
  • National income does not include
  • Who presented the quantity theory of money?
  • International trade has the benefits
  • The economy gets maximum prosperity during
  • Ushr implies on
  • Who described Economics as a science of wealth?
Online MCQs Economics Quiz

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