MCQs Economics – 3

Posted by Muhammad Imdad Ullah Posted on October 27, 2022 0 Comments on MCQs Economics – 3
Posted in Economics

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
Author: Muhammad Imdad Ullah

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