CA Foundation Economics Quiz Chapter 1

CA Foundation Economics MCQs, CA Foundation MCQs, MCQ Quiz Leave a comment

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Economics Chapter 1 MCQ Quiz Set 1

1 / 9

A study of how increases in the corporate income tax rate will affect the national
unemployment rate is an example of -

2 / 9

An example of ‘positive’ economic analysis would be:

3 / 9

Macroeconomics is also called——— economics

4 / 9

In every economic system, scarcity imposes limitations on

5 / 9

Which of the following is a normative statement?

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What implication(s) does resource scarcity have for the satisfaction of wants?

7 / 9

In Economics, we use the term scarcity to mean -

8 / 9

Business Economics is -

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Economists regard decision making as important because:

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