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.

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1. Inflation will be useful for


2. Who presented the quantity theory of money?


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


4. The economy gets maximum prosperity during


5. It is a Federal Tax


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


7. The economy gets prosperity during


8. Who described Economics as a science of wealth?


9. International trade has the benefits


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


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


12. When the price falls supply


13. The methods of measuring the elasticity of supply are


14. Ushr implies on


15. Rent of the building is included in


16. National income does not include


17. The elasticity of demand for durable goods is


18. Average revenue is equal to


19. In inflation prices


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


MCQs Economics

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