Basics of Economics MCQ

principles of economics mcq with answers pdf | microeconomics mcqs with answers pdf | multiple choice questions for economics with answers download pdf | economics mcq class 10 | micro and macro economics mcqs pdf | economics mcq class 9 | economics quiz questions and answers pdf | macroeconomics mcqs with answers pdf

Basics of Economics MCQ

111. The term “Classical Economics” was first used by:

A. j.m. keynes

B. adam smith

C. karl marx

D. david ricardo

Answer: –

C. karl marx

112. Who is the leader of the Classical school?

A. thomas robert malthus

B. j.s. mill

C. david ricardo

D. adam smith.

Answer: –

D. adam smith.

113. The core of classical economists is:

A. effective demand

B. employment

C. say’s law of market

D. socialism

Answer: –

C. say’s law of market

114. ‘Law of Market’ is attributed to:

A. j.s. mill

B. j.b. say

C. alfred marshall

D. a.c. pigou

Answer: –

B. j.b. say

115. The Classicals adopted ———policy:

A. governmental policy

B. laissez-faire

C. policy of restriction

D. none of these

Answer: –

B. laissez-faireAlso Read :-

116. According to Classicals, full employment is a:

A. rare phenomenon

B. normal phenomenon

C. abnormal phenomenon

D. none of these

Answer: –

B. normal phenomenon

117. According to the Classical economists, general over production is:

A. possible

B. impossible

C. both

D. none

Answer: –

B. impossible

118. According to the Classical economists, savings and investments are:

A. always unequal

B. always equal

C. never equal

D. sometimes equal

Answer: –

B. always equal

119. Classical aggregate supply curve is:

A. perfectly elastic

B. perfectly inelastic

C. more elastic

D. unitary elastic

Answer: –

B. perfectly inelastic

120. Pick the odd one from the following:

A. law of market

B. j.b. say

C. full employment

D. j.m. keynes

Answer: –

D. j.m. keynesAlso Read :-

Mr. DJ

I Am Dinesh Jat ( Mr. DJ). Completed Mcom. And Currently Pursuing MBA. Interest In Writing Blogs And Spread knowledge To the People. I Want to Provide General Awareness With The People who Are preparing for competitive Exams At a place.

Basics of Economics MCQ

Basics of Economics MCQ

111. The term “Classical Economics” was first used by:

112. Who is the leader of the Classical school?

113. The core of classical economists is:

114. ‘Law of Market’ is attributed to:

115. The Classicals adopted ———policy:

116. According to Classicals, full employment is a:

117. According to the Classical economists, general over production is:

118. According to the Classical economists, savings and investments are:

119. Classical aggregate supply curve is:

120. Pick the odd one from the following:

Related

Mr. DJ

Leave a Comment Cancel Reply

( Best 200+ ) Basics of Economics MCQ

Basics of Economics MCQ

Basics of Economics MCQ

111. The term “Classical Economics” was first used by:

112. Who is the leader of the Classical school?

113. The core of classical economists is:

114. ‘Law of Market’ is attributed to:

115. The Classicals adopted ———policy:

116. According to Classicals, full employment is a:

117. According to the Classical economists, general over production is:

118. According to the Classical economists, savings and investments are:

119. Classical aggregate supply curve is:

120. Pick the odd one from the following:

Share this:

Related

( Best 30+ ) Value of Money MCQ

( Best ) Strategy and Tips to Prepare for RRB NTPC 2022 Mathematics

You may also like

Leave a Comment Cancel Reply