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Economics MCQ's

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An increase in supply _____ the price and _____ the quantity demanded.
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The fundamental concept of Economics about resources is that the resources are
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Consider a world without scarcity of resources. Then what would be the consequences?
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Who is considered the founder of Microeconomics?
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Who is considered the founder of modern Macroeconomics?
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When analyzing the impact of a variable on the economic system, the other things
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Inputs are combined with technology to produce outputs. The fundamental inputs (also called factors of production) are
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Goods produced to produce yet other goods is called
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