Demand and Supply Mcqs Test 05 Preparation Online

Test Instructions

Demand and Supply Mcqs Test 05 Preparation Online

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

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

3. 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.

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

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

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

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

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

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

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


 

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