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

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

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

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

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

7. 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.

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

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

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


 

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