MicroEconomics Quiz 6 [ 100+ Quiz with Answers ]

MicroEconomics MCQs

QUIZ NO. 6

Multiple Choice— Select the option that best completes the sentence or provides the answer to the question.
  1. A good for which demand decreases with increase in income of consumer is called




  2. The law of demand implies that the demand curve




  3. Which of the following is not correct with respect to Consumer Price Index?




  4. Which of the following is NOT related to Microeconomics ?




  5. Which of the following is measured by the Lorenz curve?





  6. The condition in which market supply matches market demand is called




  7. The statement "Supply creates its own demand" is given by




  8. Zero price elasticity of demand means




  9. The law of demand states that:




  10. A situation where the expenditure of the government exceeds its revenue is called ______.



Recommended Topics
FOUNDATION
Common Vs Preferred Stocks

Businesses that want to raise money by selling stock can choose between two types: common and preferred stock ...

CANDLESTICKS
Top 7 Reversal Candlesticks

Candlesticks are used to identify trading patterns that help technical analysts in setting up trades ...

QUIZ
Economics || Stocks || Crypto || Derivative

Test your knowldege on finance, stock market and investment. Examine yourself with various questions related to the finance ...

BOOKS FOR TRADERS
Entrepreneurship || Business || Trading

20+ Best Books on businesses, trading, investing, personal finance and ...

NEWSLETTER
Buckle up for Monday
A weekly take on trading, finance, companies and other cool stuff...

Join over 27,000+ readers & receive an eclectic mix of topics covering Wall Street, global market updates and finance— delivered in a beautiful weekly email.
Multiple Choice Questions








Question x of y
>
Top 10 Business Books