(A) J.M. Keynes
(B) J.B. Say
(C) J.S. Mill
(D) None of the above
Category: Economics Mcqs
Users will find here Economics Mcqs for NTS, CSS, PMS, PPSC, FPSC, KPPSC, AJKPSC, BPSC, PTS, SPSC, Lecturer and all other types of Competitive Exams and Interviews. Economics students can prepare their Economics Portion for all test from here.
Demand curve for a Giffen good is?
(A) Parallel to the price axis
(B) Parallel to the quantity axis
(C) Downward falling
(D) Upward rising
Foreign currency which has a tendency of quick migration is called?
(A) Hot currency
(B) Gold currency
(C) Scarce currency
(D) Soft currency
Which among following is a better measurement of Economic Development?
(A) Disposable income
(B) Per capita income
(C) GDP
(D) None of the above
All of the goods which are scarce and limited in supply are called?
(A) Economic goods
(B) Capital goods
(C) Luxury goods
(D) Expensive goods
In economics pleasure, happiness or satisfaction received from a product is?
(A) Status fulfillment
(B) Marginal cost
(C) Utility
(D) Rational outcome
Word “Utility” means?
(A) Pleasure and satisfaction
(B) Rationality
(C) Versatility and flexibility
(D) Purposefulness
Who is known as father of economics?
(A) David Ricordo
(B) Adam Smith
(C) J.P Kense
(D) Mankew