Lecturer Economics Important MCQs online Test No. 47

Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Economics. All the individuals who are going to appear in PPSC Lecturer of Economics written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Economics, all Past Papers of Lecturer of Economics PPSC  that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.


There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

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Test Instructions:-
Test NameLecturer Economics 
SubjectEconomics Test 47
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100

You have 20 minutes to pass to the quiz.

Lecturer Economics Online Test No. 47

1 / 25

Scarcity means that:

2 / 25

Wealth of Nations' was written in:

3 / 25

An economy means:

4 / 25

In economics, one or more persons sharing common consumer budget is called.

5 / 25

The basic economic problem common to all societies is.

6 / 25

Validity of economic theories can never be proved with 100 percent certainty, because:

7 / 25

Wealth of Nations' was written by:

8 / 25

One or more persons living together and having a common budget is called:

9 / 25

Rotten eggs are:

10 / 25

A consumer is in equilibrium when marginal utilities are.

11 / 25

Human wants are:

12 / 25

Utility and usefulness are:

13 / 25

Adam Smith is famous for:

14 / 25

Economic laws are made through.

15 / 25

'Everyone should study economics' is a:

16 / 25

Human wants are:

17 / 25

Rotten eggs are.

18 / 25

Prof. Marshall thins.

19 / 25

The basic problem of economics is.

20 / 25

Economic principles are also called.

21 / 25

The term 'marginal' is economics means.

22 / 25

Select the correct statement.

23 / 25

Market system means:

24 / 25

When marginal is negative, it must be true that:

25 / 25

Scarcity means:

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