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.

Please enter your email:

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


2. The elasticity of demand for durable goods is


3. Inflation will be useful for


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


5. Ushr implies on


6. National income does not include


7. Who presented the quantity theory of money?


8. Which Economists presented the law of diminishing marginal utility?


9. The methods of measuring the elasticity of supply are


10. When the price falls supply


11. Who described Economics as a science of wealth?


12. It is a Federal Tax


13. The economy gets prosperity during


14. The economy gets maximum prosperity during


15. Rent of the building is included in


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


17. In inflation prices


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


19. International trade has the benefits


20. Average revenue is equal to