Demand and Supply Mcqs Test 05 Preparation Online

Test Instructions

Demand and Supply Mcqs Test 05 Preparation Online

1. Formulation of an economic theory involves?
A.
B.
C.
D.

2. Which is not an essential feature of a socialist economy?
A.
B.
C.
D.

3. An economic theory is?
A.
B.
C.
D.

4. Identify the aspect of taxation which is related to normative economics?
A.
B.
C.
D.

5. Which of the following is Microeconomics concerned with?
A.
B.
C.
D.

6. Microeconomics deals with the?
A.
B.
C.
D.

7. A mixed economy is characterised by the co-existence of?
A.
B.
C.
D.

8. Demand for a commodity refers to a?
A.
B.
C.
D.

9. Who defined Economics as a 'Science which studies human behaviour as a relationship between ends and means which have alternative uses?
A.
B.
C.
D.

10. Which of the following is incorrect?
A.
B.
C.
D.


 

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