Demand and Supply Mcqs Test 05 Preparation Online

Test Instructions

Demand and Supply Mcqs Test 05 Preparation Online

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

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

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

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

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

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

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

8. 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.

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

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


 

Leave a Comment

Your email address will not be published.